Is Dardenne Prairie, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dardenne Prairie is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Dardenne Prairie, MO

How much do homes in Dardenne Prairie, MO cost?

Median Sold Price

$450,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+5.9%)

Key Takeaway

Homes in Dardenne Prairie have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Dardenne Prairie was $450,000 in October 2024, up 5.9% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $324K$350K
+8.0%
3 $359.7K$385K
+7.0%
4 $495K$525K
+6.1%
5+ $460K$546.2K
+18.8%

Summary: Dardenne Prairie housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 18.8%.

Median Sold Price Compared To Nearby Cities

Weldon Spring Township
+15.8%
Dardenne Prairie
+5.9%
O'Fallon
+5.6%
Lake Saint Louis Township
+3.6%
Lake Saint Louis
+0.6%

Housing Supply in Dardenne Prairie, MO

How many homes are available in Dardenne Prairie, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4142+2.4%

Summary: The Dardenne Prairie real estate market had 42 homes for sale in October 2024, a 2.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 1617
+6.3%
4 2018
-10.0%
5+ 33
0.0%

Summary: The Dardenne Prairie 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 100%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dardenne Prairie, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Dardenne Prairie in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.

Days on Market for Dardenne Prairie, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days27 Days+71.6%

Summary: Homes in Dardenne Prairie had an average of 27 days on market in Oct 2024, up by 71.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 12 homes were sold in Dardenne Prairie; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 16 Days Ago

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