Is Cottleville, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Cottleville has remained a Seller's Market.
Key Takeaway
Cottleville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cottleville, MO
How much do homes in Cottleville, MO cost?
Median Sold Price
$413,500
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Cottleville have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Cottleville was $413,500 in May 2024, up 8.8% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $241K | $247.5K | +2.7% |
| 3 Bedrooms | $310K | $385K | +24.2% |
| 4 Bedrooms | $525.5K | $583.5K | +11.0% |
| 5+ Bedrooms | $735.5K | $635K | -13.7% |
Summary: Cottleville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 13.7%.
Median Sold Price Compared To Nearby Cities
| Dardenne Township | $319.9K | $350K | +9.4% |
| Cottleville | $380K | $413.5K | +8.8% |
| Saint Peters | $279K | $300K | +7.5% |
| Cottleville Township | $372.5K | $396.5K | +6.4% |
| Weldon Spring | $589K | $537K | -8.8% |
Housing Supply in Cottleville, MO
How many homes are available in Cottleville, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Cottleville real estate market had 14 homes for sale in May 2024, a 7.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Cottleville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cottleville, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Cottleville in May 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% were sold over asking.
Days on Market for Cottleville, MO
How long does it take to sell a home in Cottleville, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 12 Days | 1 Days | -86.4% |
Summary: Homes in Cottleville had an average of 1 days on market in May 2024, down by 86.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cottleville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Cottleville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.