Is University City, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing University City is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in University City, MO

How much do homes in University City, MO cost?

Median Sold Price

$335,467

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$35,467(+11.8%)

Key Takeaway

Homes in University City have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in University City was $335,467 in October 2024, up 11.8% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $56.4K$133K
+135.8%
2 $135K$150K
+11.1%
3 $329K$360K
+9.4%
4 $482K$520.7K
+8.0%
5+ $642.2K$659K
+2.6%

Summary: University City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 135.8%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Cities

Pagedale
+37.3%
University City
+11.8%
University Township
0.0%
Clayton
-1.8%

Housing Supply in University City, MO

How many homes are available in University City, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
127132+3.9%

Summary: The University City real estate market had 132 homes for sale in October 2024, a 3.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 3537
+5.7%
3 6262
0.0%
4 2327
+17.4%
5+ 64
-33.3%

Summary: The University City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3826-31.6%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in University City, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in University City in October 2024, down by 31.6% month-over-month. Of the 26 sold homes, 50% were sold under asking, 23% were sold at asking, and 27% were sold over asking.

Days on Market for University City, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days22 Days-20.0%

Summary: Homes in University City had an average of 22 days on market in Oct 2024, down by 20% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 26 homes were sold in University City; 73% of homes were sold within 30 days, 27% 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 16 Days Ago

Newest Listings in University City, MO

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