$6,530 Closing Credit*
$549,900
5 Beds
•2 Full Baths, 1 Partial
Listing Office: Magnolia Real Estate
Is University City, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$337,666
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,166(+10.2%)
Key Takeaway
Homes in University City have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in University City was $337,666 in November 2024, up 10.2% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $56.4K | $219K | +288.3% |
| 2 Bedrooms | $135K | $155K | +14.8% |
| 3 Bedrooms | $325K | $381.3K | +17.3% |
| 4 Bedrooms | $510K | $527.5K | +3.4% |
| 5+ Bedrooms | $649.7K | $670K | +3.1% |
Summary: University City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 288.3%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
| Pagedale | $52K | $74.5K | +43.3% |
| University City | $306.5K | $337.6K | +10.2% |
| University Township | $159.2K | $165.8K | +4.2% |
| Clayton | $672K | $678.5K | +1.0% |
Housing Supply in University City, MO
How many homes are available in University City, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 128 | 127 | -0.8% |
Summary: The University City real estate market had 127 homes for sale in November 2024, a 0.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 38 | 39 | +2.6% |
| 3 Bedrooms | 59 | 56 | -5.1% |
| 4 Bedrooms | 25 | 27 | +8.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The University City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in University City, you could pay more than the asking price. 47.8% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in University City in November 2024, down by 17.9% month-over-month. Of the 23 sold homes, 39% were sold under asking, 13% were sold at asking, and 48% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 26 Days | -10.0% |
Summary: Homes in University City had an average of 26 days on market in Nov 2024, down by 10% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in University City are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in University City; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.