$6,709 Closing Credit*
$565,000
3,527 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: Elevate Realty, LLC
Is Ballwin, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Ballwin has remained a Seller's Market.
Key Takeaway
Ballwin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ballwin, MO
How much do homes in Ballwin, MO cost?
Median Sold Price
$369,714
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,714(+5.6%)
Key Takeaway
Homes in Ballwin have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Ballwin was $369,714 in October 2024, up 5.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $171K | +10.3% |
| 2 Bedrooms | $190K | $220K | +15.8% |
| 3 Bedrooms | $323.5K | $340.6K | +5.3% |
| 4 Bedrooms | $445K | $472.5K | +6.2% |
| 5+ Bedrooms | $475K | $521.9K | +9.9% |
Summary: Ballwin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 9.9%.
Median Sold Price Compared To Nearby Cities
| Winchester | $205K | $225K | +9.8% |
| Wildhorse Township | $380.5K | $403.7K | +6.1% |
| Ballwin | $350K | $369.7K | +5.6% |
| Ellisville | $380K | $393K | +3.4% |
| Lafayette Township | $419.8K | $432.5K | +3.0% |
Housing Supply in Ballwin, MO
How many homes are available in Ballwin, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 148 | 176 | +18.9% |
Summary: The Ballwin real estate market had 176 homes for sale in October 2024, a 18.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 20 | 26 | +30.0% |
| 3 Bedrooms | 53 | 67 | +26.4% |
| 4 Bedrooms | 58 | 64 | +10.3% |
| 5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Ballwin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 26.4%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 56 | +16.7% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ballwin, you could pay more than the asking price. 46.4% of homes here sold above asking price last month.
Summary: A total of 56 homes were sold or pending in Ballwin in October 2024, up by 16.7% month-over-month. Of the 56 sold homes, 38% were sold under asking, 16% were sold at asking, and 46% were sold over asking.
Days on Market for Ballwin, MO
How long does it take to sell a home in Ballwin, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 22 Days | +47.4% |
Summary: Homes in Ballwin had an average of 22 days on market in Oct 2024, up by 47.4% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ballwin are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 56 homes were sold in Ballwin; 70% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.