Is Soulard, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Soulard is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Soulard was a Neutral Market.

Key Takeaway

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

Housing Prices in Soulard, MO

How much do homes in Soulard, MO cost?

Median Sold Price

$350,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$60,000(-14.6%)

Key Takeaway

Homes in Soulard have sold for 14.6% less than they did a year ago.

Summary: The median home sold price in Soulard was $350,000 in November 2024, down 14.6% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K$176K
+6.7%
2 $195K$290K
+48.7%
3 $404.5K$350K
-13.5%
4 $455.5K$589.5K
+29.4%
5+ $596K$815K
+36.7%

Summary: Soulard housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 48.7%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 36.7%.

Median Sold Price Compared To Nearby Neighborhoods

Peabody Darst Webbe
+3.6%
Benton Park West
0.1%
Soulard
-14.6%

Housing Supply in Soulard, MO

How many homes are available in Soulard, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1817-5.6%

Summary: The Soulard real estate market had 17 homes for sale in November 2024, a 5.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 1112
+9.1%
4 21
-50.0%
5+ 11
0.0%

Summary: The Soulard housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Soulard, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Soulard in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Soulard, MO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
94 Days39 Days-58.3%

Summary: Homes in Soulard had an average of 39 days on market in Nov 2024, down by 58.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Soulard has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Soulard; 20% of homes were sold within 30 days, 80% 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 21 Days Ago

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