$4,382 Closing Credit*
$369,000
1,964 SqFt
2 Beds
•2 Full Baths
Listing Office: Garcia Properties
Is Forest Park Southeast, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Forest Park Southeast was a Buyer's Market.
Key Takeaway
Forest Park Southeast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Forest Park Southeast, MO
How much do homes in Forest Park Southeast, MO cost?
Median Sold Price
$320,480
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,480(+1.7%)
Key Takeaway
Homes in Forest Park Southeast have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Forest Park Southeast was $320,480 in October 2024, up 1.7% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192.5K | $182.5K | -5.2% |
| 2 Bedrooms | $265K | $319.9K | +20.7% |
| 3 Bedrooms | $400K | $357K | -10.8% |
| 4 Bedrooms | $325K | $367.5K | +13.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Forest Park Southeast housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 20.7%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Central Corridor | $251.6K | $279.9K | +11.3% |
| Central West End | $342.6K | $357.5K | +4.3% |
| Forest Park Southeast | $315K | $320.4K | +1.7% |
Housing Supply in Forest Park Southeast, MO
How many homes are available in Forest Park Southeast, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Summary: The Forest Park Southeast real estate market had 21 homes for sale in October 2024, a 4.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Forest Park Southeast 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 decreased by 40%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Forest Park Southeast, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Forest Park Southeast in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Forest Park Southeast, MO
How long does it take to sell a home in Forest Park Southeast, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 67 Days | +1022.2% |
Summary: Homes in Forest Park Southeast had an average of 67 days on market in Oct 2024, up by 1022.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Forest Park Southeast are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in Forest Park Southeast; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.