Is Sunset Hills, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunset Hills is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Sunset Hills, MO

How much do homes in Sunset Hills, MO cost?

Median Sold Price

$499,900

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$50,100(-9.1%)

Key Takeaway

Homes in Sunset Hills have sold for 9.1% less than they did a year ago.

Summary: The median home sold price in Sunset Hills was $499,900 in November 2024, down 9.1% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $135K$122.5K
-9.3%
2 $225K$230K
+2.2%
3 $425K$371K
-12.7%
4 $720K$700K
-2.8%
5+ $935K$950K
+1.6%

Summary: Sunset Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.3%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 1.6%.

Median Sold Price Compared To Nearby Cities

Gravois Township
+7.6%
Crestwood
+4.2%
Fenton
+3.5%
Bonhomme Township
-1.5%
Sunset Hills
-9.1%

Housing Supply in Sunset Hills, MO

How many homes are available in Sunset Hills, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3128-9.7%

Summary: The Sunset Hills real estate market had 28 homes for sale in November 2024, a 9.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 57
+40.0%
3 76
-14.3%
4 107
-30.0%
5+ 87
-12.5%

Summary: The Sunset Hills 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 increased by 40%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
990.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunset Hills, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Sunset Hills in November 2024, the same as the previous month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.

Days on Market for Sunset Hills, MO

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

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days25 Days+65.5%

Summary: Homes in Sunset Hills had an average of 25 days on market in Nov 2024, up by 65.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Sunset Hills; 67% of homes were sold within 30 days, 33% 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 20 Days Ago

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