$4,928 Closing Credit*
$415,000
2,755 SqFt
4 Beds
•3 Full Baths
Listing Office: Keller Williams Chesterfield
Is Glencoe, 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, Glencoe was a Seller's Market.
Key Takeaway
Glencoe is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Glencoe, MO
How much do homes in Glencoe, MO cost?
Median Sold Price
$690,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,000(+10.4%)
Key Takeaway
Homes in Glencoe have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Glencoe was $690,000 in October 2024, up 10.4% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $120K | $130K | +8.3% |
| 3 Bedrooms | $560K | $442.4K | -21.0% |
| 4 Bedrooms | $600K | $635K | +5.8% |
| 5+ Bedrooms | $726.5K | $861K | +18.5% |
Summary: Glencoe 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%, 3 bedroom homes decreased by 21%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 18.5%.
Median Sold Price Compared To Nearby Cities
| Glencoe | $625K | $690K | +10.4% |
| Chesterfield Township | $558.6K | $594K | +6.3% |
| Ellisville | $380K | $393K | +3.4% |
| Grover | $422K | $432K | +2.4% |
| Wildwood | $528K | $539.9K | +2.3% |
Housing Supply in Glencoe, MO
How many homes are available in Glencoe, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 26 | -13.3% |
Summary: The Glencoe real estate market had 26 homes for sale in October 2024, a 13.3% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 4 | -50.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Glencoe 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 decreased by 50%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 4 | -63.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glencoe, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Glencoe in October 2024, down by 63.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Glencoe, MO
How long does it take to sell a home in Glencoe, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 7 Days | -31.0% |
Summary: Homes in Glencoe had an average of 7 days on market in Oct 2024, down by 31% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glencoe are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Glencoe; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.