Is Valley Park, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Valley Park is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Valley Park, MO

How much do homes in Valley Park, MO cost?

Median Sold Price

$247,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$13,000(-5.0%)

Key Takeaway

Homes in Valley Park have sold for 5% less than they did a year ago.

Summary: The median home sold price in Valley Park was $247,000 in September 2024, down 5% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$150K
N/A
2 $169K$157K
-7.1%
3 $286.1K$281K
-1.8%
4 $355K$400K
+12.7%
5+ $603K-
N/A

Summary: Valley Park housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Manchester
+12.1%
Queeny Township
+6.1%
Twin Oaks
-1.2%
Bonhomme Township
-2.2%
Valley Park
-5.0%

Housing Supply in Valley Park, MO

How many homes are available in Valley Park, MO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2125+19.0%

Summary: The Valley Park real estate market had 25 homes for sale in September 2024, a 19.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 1215
+25.0%
4 25
+150.0%
5+ 00
0.0%

Summary: The Valley Park housing inventory by bedroom type for September 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 increased by 25%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Valley Park, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Valley Park in September 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.

Days on Market for Valley Park, MO

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

Average Sale Time

Sep 2023Sep 2024CHANGE
11 Days12 Days+7.2%

Summary: Homes in Valley Park had an average of 12 days on market in Sep 2024, up by 7.2% compared to last year.

Breakdown of Home Sale Times

7 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 Valley Park are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 8 homes were sold in Valley Park; 88% of homes were sold within 30 days, 13% 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 29 Days Ago

Newest Listings in Valley Park, MO

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