$3,086 Closing Credit*
$259,900
1,592 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: NextDoor Realty LLC
Is Marlborough, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Marlborough has remained a Seller's Market.
Key Takeaway
Marlborough is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marlborough, MO
How much do homes in Marlborough, MO cost?
Median Sold Price
$226,500
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-4.2%)
Key Takeaway
Homes in Marlborough have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in Marlborough was $226,500 in October 2024, down 4.2% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $183K | $265K | +44.8% |
| 3 Bedrooms | $238K | $223K | -6.3% |
| 4 Bedrooms | $385K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Marlborough 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 44.8%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Gravois Township | $264.2K | $284.5K | +7.7% |
| Webster Groves | $387.1K | $396.3K | +2.4% |
| Jefferson Township | $392.7K | $399.9K | +1.8% |
| Shrewsbury | $275K | $270K | -1.8% |
| Marlborough | $236.5K | $226.5K | -4.2% |
Housing Supply in Marlborough, MO
How many homes are available in Marlborough, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The Marlborough real estate market had 7 homes for sale in October 2024, a 40.0% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Marlborough 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Marlborough, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Marlborough in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Marlborough, MO
How long does it take to sell a home in Marlborough, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 25 Days | +466.7% |
Summary: Homes in Marlborough had an average of 25 days on market in Oct 2024, up by 466.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marlborough are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Marlborough; 50% of homes were sold within 30 days, 50% 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.