Is West County, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, West County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West County, MO

How much do homes in West County, MO cost?

Median Sold Price

$434,809

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,421(+7.3%)

Key Takeaway

Homes in West County have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in West County was $434,809 in November 2024, up 7.3% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $142.5K$136K
-4.6%
2 $214.9K$210.5K
-2.1%
3 $343.2K$357.2K
+4.1%
4 $499.4K$529.9K
+6.1%
5+ $753.5K$786.2K
+4.3%

Summary: West County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 4.3%.

Housing Supply in West County, MO

How many homes are available in West County, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
865799-7.6%

Summary: The West County real estate market had 799 homes for sale in November 2024, a 7.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 99
0.0%
2 144152
+5.6%
3 287254
-11.5%
4 292270
-7.5%
5+ 133114
-14.3%

Summary: The West County 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 5.6%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
280226-19.3%

Asking Price vs. Sold Price

94 Homes Were Sold
Under Asking

42 Homes Were Sold
At Asking

90 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West County, you may be able to get a good deal. 41.6% of homes here sold below asking price last month.

Summary: A total of 226 homes were sold or pending in West County in November 2024, down by 19.3% month-over-month. Of the 226 sold homes, 42% were sold under asking, 19% were sold at asking, and 40% were sold over asking.

Days on Market for West County, MO

How long does it take to sell a home in West County, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days25 Days+44.4%

Summary: Homes in West County had an average of 25 days on market in Nov 2024, up by 44.4% compared to last year.

Breakdown of Home Sale Times

149 Homes Were Sold
Under 30 Days

65 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 226 homes were sold in West County; 66% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% 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 10 Days Ago

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