$2,375 Closing Credit*
$200,000
2 Beds
•2 Full Baths
Listing Office: Coldwell Banker Realty - Gunda
Is Sappington, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Sappington has remained a Seller's Market.
Key Takeaway
Sappington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sappington, MO
How much do homes in Sappington, MO cost?
Median Sold Price
$290,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$15,000(+5.5%)
Key Takeaway
Homes in Sappington have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Sappington was $290,000 in December 2024, up 5.5% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $108.9K | -1.0% |
| 2 Bedrooms | $159K | $172.5K | +8.5% |
| 3 Bedrooms | $277.5K | $312.5K | +12.6% |
| 4 Bedrooms | $468.3K | $576K | +23.0% |
| 5+ Bedrooms | $969.9K | $517.5K | -46.6% |
Summary: Sappington housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 23%, and 5+ bedroom homes decreased by 46.6%.
Median Sold Price Compared To Nearby Neighborhoods
| South County | $261.2K | $280.6K | +7.4% |
| Sappington | $275K | $290K | +5.5% |
| Concord | $305K | $320K | +4.9% |
Housing Supply in Sappington, MO
How many homes are available in Sappington, MO?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Summary: The Sappington real estate market had 19 homes for sale in December 2024, a 20.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 8 | -27.3% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Sappington housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sappington, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Sappington in December 2024, down by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Sappington, MO
How long does it take to sell a home in Sappington, MO?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 15 Days | 45 Days | +199.6% |
Summary: Homes in Sappington had an average of 45 days on market in Dec 2024, up by 199.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sappington has remained consistent over time.
Summary: During December 2024, 6 homes were sold in Sappington; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.