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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maplewood is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Maplewood, MO

How much do homes in Maplewood, MO cost?

Median Sold Price

$280,000

$224/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since September 2023.

Key Takeaway

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

Summary: The median home sold price in Maplewood was $280,000 in September 2024, the same as last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $154K$176K
+14.3%
2 $218K$224.5K
+3.0%
3 $297.5K$305K
+2.5%
4 $515K$450K
-12.6%
5+ $725K$564.5K
-22.1%

Summary: Maplewood housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes decreased by 22.1%.

Median Sold Price Compared To Nearby Cities

Richmond Heights
+8.2%
Brentwood
+7.5%
Hadley Township
+2.5%
Shrewsbury
+1.2%
Maplewood
0.0%

Housing Supply in Maplewood, MO

How many homes are available in Maplewood, MO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2431+29.2%

Summary: The Maplewood real estate market had 31 homes for sale in September 2024, a 29.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 1415
+7.1%
4 37
+133.3%
5+ 23
+50.0%

Summary: The Maplewood housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maplewood, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Maplewood in September 2024, up by 57.1% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.

Days on Market for Maplewood, MO

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

Average Sale Time

Sep 2023Sep 2024CHANGE
16 Days27 Days+68.8%

Summary: Homes in Maplewood had an average of 27 days on market in Sep 2024, up by 68.8% 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 Maplewood are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 11 homes were sold in Maplewood; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% 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 29 Days Ago

Newest Listings in Maplewood, MO

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