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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southampton is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Southampton, MO

How much do homes in Southampton, MO cost?

Median Sold Price

$288,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,000(+1.1%)

Key Takeaway

Homes in Southampton have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Southampton was $288,000 in November 2024, up 1.1% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $177.5K-
N/A
2 $258K$245.2K
-4.9%
3 $310K$329.2K
+6.2%
4 $330K$342.4K
+3.8%
5+ -$343K
N/A

Summary: Southampton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

North Hampton
+12.9%
Kingshighway Hills
+12.6%
South City
+3.5%
Southampton
+1.1%
Princeton Heights
-3.1%

Housing Supply in Southampton, MO

How many homes are available in Southampton, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3225-21.9%

Summary: The Southampton real estate market had 25 homes for sale in November 2024, a 21.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1410
-28.6%
3 96
-33.3%
4 88
0.0%
5+ 00
0.0%

Summary: The Southampton 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 28.6%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
185-72.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southampton, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Southampton in November 2024, down by 72.2% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for Southampton, MO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
7 Days13 Days+74.9%

Summary: Homes in Southampton had an average of 13 days on market in Nov 2024, up by 74.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Southampton; 80% of homes were sold within 30 days, 20% 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 17 Days Ago

Newest Listings in Southampton, MO

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