Is Crestwood, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crestwood is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Crestwood, MO

How much do homes in Crestwood, MO cost?

Median Sold Price

$315,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,750(+4.2%)

Key Takeaway

Homes in Crestwood have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Crestwood was $315,000 in November 2024, up 4.2% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $186.2K-
N/A
2 $228.7K$227K
-0.8%
3 $304.5K$336.5K
+10.5%
4 $400K$400K
0.0%
5+ $340K$399.9K
+17.6%

Summary: Crestwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 10.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 17.6%.

Median Sold Price Compared To Nearby Cities

Gravois Township
+7.6%
Crestwood
+4.2%
Jefferson Township
-0.9%
Oakland
-1.2%
Grantwood Village
-18.4%

Housing Supply in Crestwood, MO

How many homes are available in Crestwood, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4738-19.1%

Summary: The Crestwood real estate market had 38 homes for sale in November 2024, a 19.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 106
-40.0%
3 2924
-17.2%
4 77
0.0%
5+ 11
0.0%

Summary: The Crestwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1815-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crestwood, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Crestwood in November 2024, down by 16.7% month-over-month. Of the 15 sold homes, 20% were sold under asking, 13% were sold at asking, and 67% were sold over asking.

Days on Market for Crestwood, MO

How long does it take to sell a home in Crestwood, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days18 Days+15.6%

Summary: Homes in Crestwood had an average of 18 days on market in Nov 2024, up by 15.6% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 15 homes were sold in Crestwood; 73% of homes were sold within 30 days, 27% 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 17 Days Ago

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