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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eureka is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Eureka, MO

How much do homes in Eureka, MO cost?

Median Sold Price

$410,500

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,500(+2.1%)

Key Takeaway

Homes in Eureka have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Eureka was $410,500 in November 2024, up 2.1% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$173.7K
N/A
2 $296.2K$203K
-31.5%
3 $325K$320K
-1.5%
4 $450K$479K
+6.4%
5+ $603.4K$532.2K
-11.8%

Summary: Eureka 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 31.5%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 11.8%.

Median Sold Price Compared To Nearby Cities

Meramec Township
+6.4%
Wildwood
+5.1%
Eureka
+2.1%

Housing Supply in Eureka, MO

How many homes are available in Eureka, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7982+3.8%

Summary: The Eureka real estate market had 82 homes for sale in November 2024, a 3.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2633
+26.9%
4 3835
-7.9%
5+ 1110
-9.1%

Summary: The Eureka 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 remained the same, 3 bedroom homes increased by 26.9%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1816-11.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eureka, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Eureka in November 2024, down by 11.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.

Days on Market for Eureka, MO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days23 Days-54.2%

Summary: Homes in Eureka had an average of 23 days on market in Nov 2024, down by 54.2% compared to last year.

Breakdown of Home Sale Times

11 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 Eureka are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in Eureka; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% 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 20 Days Ago

Newest Listings in Eureka, MO

Nearby Markets to Eureka, MO

What housing markets are near Eureka, MO?