Is Saint Peters, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Peters is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Saint Peters, MO

How much do homes in Saint Peters, MO cost?

Median Sold Price

$309,550

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,067(+8.4%)

Key Takeaway

Homes in Saint Peters have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Saint Peters was $309,550 in November 2024, up 8.4% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $133K$165K
+24.1%
2 $190K$194K
+2.1%
3 $296.5K$312K
+5.2%
4 $375.4K$395K
+5.2%
5+ $442.5K$392.5K
-11.3%

Summary: Saint Peters housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 11.3%.

Median Sold Price Compared To Nearby Cities

Cottleville
+18.8%
Cottleville Township
+9.6%
Spencer Creek Township
+9.1%
Saint Peters
+8.4%
Saint Peters Township
+6.7%

Housing Supply in Saint Peters, MO

How many homes are available in Saint Peters, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
185171-7.6%

Summary: The Saint Peters real estate market had 171 homes for sale in November 2024, a 7.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 36
+100.0%
2 4747
0.0%
3 9886
-12.2%
4 3427
-20.6%
5+ 35
+66.7%

Summary: The Saint Peters housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7367-8.2%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Peters, you may be able to get a good deal. 38.8% of homes here sold below asking price last month.

Summary: A total of 67 homes were sold or pending in Saint Peters in November 2024, down by 8.2% month-over-month. Of the 67 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.

Days on Market for Saint Peters, MO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days19 Days-22.3%

Summary: Homes in Saint Peters had an average of 19 days on market in Nov 2024, down by 22.3% compared to last year.

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 67 homes were sold in Saint Peters; 73% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 3% 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 17 Days Ago

Newest Listings in Saint Peters, MO

Nearby Markets to Saint Peters, MO

What housing markets are near Saint Peters, MO?