Is Creve Coeur, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Creve Coeur is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Creve Coeur has remained a Seller's Market.

Key Takeaway

Creve Coeur is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Creve Coeur, IL

How much do homes in Creve Coeur, IL cost?

Median Sold Price

$97,510

$85/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,010(+12.7%)

Key Takeaway

Homes in Creve Coeur have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in Creve Coeur was $97,510 in October 2024, up 12.7% from last year, and the median price per square foot was $85.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $27.5K$54.5K
+98.2%
2 $79.2K$80K
+0.9%
3 $91K$110K
+20.9%
4 $124K$179.9K
+45.1%
5+ -$202.5K
N/A

Summary: Creve Coeur housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 98.2%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 45.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Creve Coeur
+12.7%
West Peoria Township
+7.7%
Groveland Township
+4.6%

Housing Supply in Creve Coeur, IL

How many homes are available in Creve Coeur, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2425+4.2%

Summary: The Creve Coeur real estate market had 25 homes for sale in October 2024, a 4.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 78
+14.3%
3 1111
0.0%
4 22
0.0%
5+ 01
+100.0%

Summary: The Creve Coeur housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Creve Coeur, you could pay more than the asking price. 70% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Creve Coeur in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 0% were sold at asking, and 70% were sold over asking.

Days on Market for Creve Coeur, IL

How long does it take to sell a home in Creve Coeur, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
4 Days14 Days+270.0%

Summary: Homes in Creve Coeur had an average of 14 days on market in Oct 2024, up by 270% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Creve Coeur are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in Creve Coeur; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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