$1,781 Closing Credit*
$150,000
2 Beds
•1 Full Bath
Listing Office: Coldwell Banker Realty - Gunda
Is Mehlville, 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, Mehlville has remained a Seller's Market.
Key Takeaway
Mehlville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mehlville, MO
How much do homes in Mehlville, MO cost?
Median Sold Price
$234,950
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$50(0%)
Key Takeaway
The sold price of homes in Mehlville has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120.9K | $87.5K | -27.6% |
| 2 Bedrooms | $173.5K | $183.9K | +6.0% |
| 3 Bedrooms | $250K | $258.5K | +3.4% |
| 4 Bedrooms | $330K | $400K | +21.2% |
| 5+ Bedrooms | $410K | $432.2K | +5.4% |
Summary: Mehlville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.6%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Lemay | $148.7K | $165.5K | +11.3% |
| Oakville | $320K | $339.8K | +6.2% |
| South County | $259.9K | $274.9K | +5.8% |
| Concord | $305K | $320K | +4.9% |
| Mehlville | $235K | $234.9K | 0% |
Housing Supply in Mehlville, MO
How many homes are available in Mehlville, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 116 | 121 | +4.3% |
Summary: The Mehlville real estate market had 121 homes for sale in October 2024, a 4.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 49 | 54 | +10.2% |
| 3 Bedrooms | 50 | 52 | +4.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Mehlville 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 10.2%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 42 | +7.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mehlville, you could pay more than the asking price. 54.8% of homes here sold above asking price last month.
Summary: A total of 42 homes were sold or pending in Mehlville in October 2024, up by 7.7% month-over-month. Of the 42 sold homes, 31% were sold under asking, 14% were sold at asking, and 55% were sold over asking.
Days on Market for Mehlville, MO
How long does it take to sell a home in Mehlville, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 20 Days | +38.9% |
Summary: Homes in Mehlville had an average of 20 days on market in Oct 2024, up by 38.9% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mehlville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 42 homes were sold in Mehlville; 74% of homes were sold within 30 days, 26% 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.