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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kirkwood is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Kirkwood, MO

How much do homes in Kirkwood, MO cost?

Median Sold Price

$387,062

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$62(0.0%)

Key Takeaway

The sold price of homes in Kirkwood has remained the same since last year.

Summary: The median home sold price in Kirkwood was $387,062 in October 2024, the same as last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $160K$143.7K
-10.2%
2 $231K$249.9K
+8.2%
3 $395K$371.7K
-5.9%
4 $624K$625K
0.2%
5+ $877.4K$959.1K
+9.3%

Summary: Kirkwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes increased by 8.2%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 9.3%.

Median Sold Price Compared To Nearby Cities

Des Peres
+14.1%
Glendale
+4.7%
Kirkwood
0.0%
Bonhomme Township
-1.1%
Oakland
-2.4%

Housing Supply in Kirkwood, MO

How many homes are available in Kirkwood, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
149156+4.7%

Summary: The Kirkwood real estate market had 156 homes for sale in October 2024, a 4.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 3737
0.0%
3 4647
+2.2%
4 3640
+11.1%
5+ 2527
+8.0%

Summary: The Kirkwood 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 remained the same, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45450.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kirkwood, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 45 homes were sold or pending in Kirkwood in October 2024, the same as the previous month. Of the 45 sold homes, 33% were sold under asking, 7% were sold at asking, and 60% were sold over asking.

Days on Market for Kirkwood, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days17 Days-18.0%

Summary: Homes in Kirkwood had an average of 17 days on market in Oct 2024, down by 18% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 45 homes were sold in Kirkwood; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 7% 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 Kirkwood, MO

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