Is Weldon Spring, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weldon Spring is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Weldon Spring, MO

How much do homes in Weldon Spring, MO cost?

Median Sold Price

$575,000

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,923(+5.5%)

Key Takeaway

Homes in Weldon Spring have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Weldon Spring was $575,000 in October 2024, up 5.5% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $199K-
N/A
2 $218.5K$232.5K
+6.4%
3 $517.5K$504K
-2.6%
4 $722.5K$722.1K
0%
5+ $1.2M$797.5K
-37.9%

Summary: Weldon Spring housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 37.9%.

Median Sold Price Compared To Nearby Cities

Cottleville
+18.5%
Harvester Township
+17.1%
Weldon Spring Township
+15.8%
Cottleville Township
+8.2%
Weldon Spring
+5.5%

Housing Supply in Weldon Spring, MO

How many homes are available in Weldon Spring, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1927+42.1%

Summary: The Weldon Spring real estate market had 27 homes for sale in October 2024, a 42.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 12
+100.0%
4 711
+57.1%
5+ 46
+50.0%

Summary: The Weldon Spring housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
410+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weldon Spring, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Weldon Spring in October 2024, up by 150.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.

Days on Market for Weldon Spring, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
7 Days44 Days+497.3%

Summary: Homes in Weldon Spring had an average of 44 days on market in Oct 2024, up by 497.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Weldon Spring; 70% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 30% 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

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