Is Maryland Heights, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maryland Heights is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Maryland Heights, MO

How much do homes in Maryland Heights, MO cost?

Median Sold Price

$247,500

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,733(+1.9%)

Key Takeaway

Homes in Maryland Heights have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Maryland Heights was $247,500 in October 2024, up 1.9% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $143K$105K
-26.6%
2 $174.9K$185K
+5.7%
3 $249K$260K
+4.4%
4 $295K$317.5K
+7.6%
5+ $336K$549.5K
+63.5%

Summary: Maryland Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.6%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 63.5%.

Median Sold Price Compared To Nearby Cities

Bridgeton
+5.0%
Maryland Heights Township
+2.8%
Maryland Heights
+1.9%
Creve Coeur Township
0.4%

Housing Supply in Maryland Heights, MO

How many homes are available in Maryland Heights, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6773+9.0%

Summary: The Maryland Heights real estate market had 73 homes for sale in October 2024, a 9.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2324
+4.3%
3 3641
+13.9%
4 66
0.0%
5+ 22
0.0%

Summary: The Maryland Heights 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 4.3%, 3 bedroom homes increased by 13.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2726-3.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maryland Heights, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Maryland Heights in October 2024, down by 3.7% month-over-month. Of the 26 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.

Days on Market for Maryland Heights, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days23 Days+26.6%

Summary: Homes in Maryland Heights had an average of 23 days on market in Oct 2024, up by 26.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 26 homes were sold in Maryland Heights; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Maryland Heights, MO

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