Is Kirkwood, 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, Kirkwood has remained a Seller's Market.
Housing Prices in Kirkwood, MO
How much do homes in Kirkwood, MO cost?
Median Sold Price
$374,785
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kirkwood was $374,785 in May 2024, down 0.9% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167.5K | $140.6K | -16.0% |
2 Bedrooms | $220K | $239.9K | +9.1% |
3 Bedrooms | $384K | $391K | +1.8% |
4 Bedrooms | $680.9K | $615K | -9.7% |
5+ Bedrooms | $912K | $930.7K | +2.1% |
Summary: Kirkwood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 2.1%.
Median Sold Price Compared To Nearby Cities
Glendale | $465K | $555K | +19.4% |
Des Peres | $589.4K | $675K | +14.5% |
Kirkwood | $378.2K | $374.7K | -0.9% |
Bonhomme Township | $388.1K | $375.1K | -3.4% |
Housing Supply in Kirkwood, MO
How many homes are available in Kirkwood, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
129 | 141 | +9.3% |
Summary: The Kirkwood real estate market had 141 homes for sale in May 2024, a 9.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 3 | +100.0% |
2 Bedrooms | 37 | 29 | -21.6% |
3 Bedrooms | 36 | 50 | +38.9% |
4 Bedrooms | 33 | 36 | +9.1% |
5+ Bedrooms | 23 | 23 | 0.0% |
Summary: The Kirkwood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 21.6%, 3 bedroom homes increased by 38.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 44 | +29.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Kirkwood in May 2024, up by 29.4% month-over-month. Of the 44 sold homes, 34% were sold under asking, 11% were sold at asking, and 55% were sold over asking.
Days on Market for Kirkwood, MO
How long does it take to sell a home in Kirkwood, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 21 Days | -6.5% |
Summary: Homes in Kirkwood had an average of 21 days on market in May 2024, down by 6.5% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 44 homes were sold in Kirkwood; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.