Is Weldon Spring, 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, Weldon Spring has remained a Seller's Market.
Housing Prices in Weldon Spring, MO
How much do homes in Weldon Spring, MO cost?
Median Sold Price
$537,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Weldon Spring was $537,000 in May 2024, down 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 | $153K | $199K | +30.1% |
2 Bedrooms | $224.5K | $227K | +1.1% |
3 Bedrooms | $434.9K | $497.5K | +14.4% |
4 Bedrooms | $675K | $765K | +13.3% |
5+ Bedrooms | $710K | $785K | +10.6% |
Summary: Weldon Spring housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.1%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Cities
Weldon Spring Township | $350K | $396.6K | +13.3% |
Harvester Township | $311.7K | $352.5K | +13.1% |
Cottleville | $380K | $413.5K | +8.8% |
Cottleville Township | $372.5K | $396.5K | +6.4% |
Weldon Spring | $589K | $537K | -8.8% |
Housing Supply in Weldon Spring, MO
How many homes are available in Weldon Spring, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 23 | +21.1% |
Summary: The Weldon Spring real estate market had 23 homes for sale in May 2024, a 21.1% 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 | 0 | 4 | +100.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Weldon Spring 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 increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Weldon Spring in May 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
68 Days | 20 Days | -70.6% |
Summary: Homes in Weldon Spring had an average of 20 days on market in May 2024, down by 70.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Weldon Spring; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.