Is Glasgow Village, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glasgow Village is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Glasgow Village, MO

How much do homes in Glasgow Village, MO cost?

Median Sold Price

$75,000

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,000(+44.2%)

Key Takeaway

Homes in Glasgow Village have sold for 44.2% more than they did a year ago.

Summary: The median home sold price in Glasgow Village was $75,000 in November 2024, up 44.2% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $13K-
N/A
2 $45K$47.9K
+6.6%
3 $53K$77K
+45.3%
4 $58.4K$90K
+54.1%
5+ $59K$115.5K
+95.8%

Summary: Glasgow Village 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 increased by 6.6%, 3 bedroom homes increased by 45.3%, 4 bedroom homes increased by 54.1%, and 5+ bedroom homes increased by 95.8%.

Median Sold Price Compared To Nearby Neighborhoods

Glasgow Village
+44.2%
North City
+18.9%
Spanish Lake
+7.5%
North County
+1.6%

Housing Supply in Glasgow Village, MO

How many homes are available in Glasgow Village, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5653-5.4%

Summary: The Glasgow Village real estate market had 53 homes for sale in November 2024, a 5.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 108
-20.0%
3 4141
0.0%
4 53
-40.0%
5+ 01
+100.0%

Summary: The Glasgow Village 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 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1317+30.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glasgow Village, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Glasgow Village in November 2024, up by 30.8% month-over-month. Of the 17 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.

Days on Market for Glasgow Village, MO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
72 Days29 Days-58.9%

Summary: Homes in Glasgow Village had an average of 29 days on market in Nov 2024, down by 58.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 17 homes were sold in Glasgow Village; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% 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 21 Days Ago

Newest Listings in Glasgow Village, MO

Nearby Markets to Glasgow Village, MO