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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maryland Heights Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Maryland Heights Township, MO

How much do homes in Maryland Heights Township, MO cost?

Median Sold Price

$285,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,810(+2.8%)

Key Takeaway

Homes in Maryland Heights Township have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Maryland Heights Township was $285,000 in October 2024, up 2.8% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $143K$105K
-26.6%
2 $192K$186K
-3.1%
3 $261K$270K
+3.4%
4 $380K$420K
+10.5%
5+ $425K$600.5K
+41.3%

Summary: Maryland Heights Township 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 decreased by 3.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 41.3%.

Median Sold Price Compared To Nearby Cities

Town and Country
+20.7%
Maryland Heights Township
+2.8%
Maryland Heights
+1.9%
Creve Coeur Township
0.4%
Creve Coeur
-4.6%

Housing Supply in Maryland Heights Township, MO

How many homes are available in Maryland Heights Township, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
128149+16.4%

Summary: The Maryland Heights Township real estate market had 149 homes for sale in October 2024, a 16.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3943
+10.3%
3 5466
+22.2%
4 2427
+12.5%
5+ 1113
+18.2%

Summary: The Maryland Heights Township 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 10.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4143+4.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maryland Heights Township, you may be able to get a good deal. 39.5% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Maryland Heights Township in October 2024, up by 4.9% month-over-month. Of the 43 sold homes, 40% were sold under asking, 21% were sold at asking, and 40% were sold over asking.

Days on Market for Maryland Heights Township, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days29 Days+42.2%

Summary: Homes in Maryland Heights Township had an average of 29 days on market in Oct 2024, up by 42.2% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 43 homes were sold in Maryland Heights Township; 60% of homes were sold within 30 days, 33% 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 16 Days Ago

Newest Listings in Maryland Heights Township, MO

Nearby Markets to Maryland Heights Township, MO

What housing markets are near Maryland Heights Township, MO?