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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glencoe is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Glencoe, MO

How much do homes in Glencoe, MO cost?

Median Sold Price

$685,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$55,000(+8.7%)

Key Takeaway

Homes in Glencoe have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Glencoe was $685,000 in November 2024, up 8.7% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $120K$130K
+8.3%
3 $557.5K$520K
-6.7%
4 $632.5K$625K
-1.2%
5+ $726.5K$858K
+18.1%

Summary: Glencoe 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 8.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 18.1%.

Median Sold Price Compared To Nearby Cities

Glencoe
+8.7%
Chesterfield Township
+8.5%
Ellisville
+5.7%
Wildwood
+5.1%
Grover
+4.0%

Housing Supply in Glencoe, MO

How many homes are available in Glencoe, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2420-16.7%

Summary: The Glencoe real estate market had 20 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 55
0.0%
4 99
0.0%
5+ 85
-37.5%

Summary: The Glencoe 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glencoe, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Glencoe in November 2024, up by 100.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% 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

Nov 2023Nov 2024CHANGE
21 Days29 Days+36.2%

Summary: Homes in Glencoe had an average of 29 days on market in Nov 2024, up by 36.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Glencoe; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

Newest Listings in Glencoe, MO

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