Is Hazelwood, 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, Hazelwood has remained a Seller's Market.
Key Takeaway
Hazelwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hazelwood, MO
How much do homes in Hazelwood, MO cost?
Median Sold Price
$157,670
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hazelwood have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Hazelwood was $157,670 in May 2024, down 1.5% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $43K | $44.9K | +4.4% |
| 2 Bedrooms | $134.4K | $60K | -55.4% |
| 3 Bedrooms | $169.6K | $165K | -2.7% |
| 4 Bedrooms | $237K | $210K | -11.4% |
| 5+ Bedrooms | $235K | $405K | +72.3% |
Summary: Hazelwood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes decreased by 55.4%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes increased by 72.3%.
Median Sold Price Compared To Nearby Cities
| Northwest Township | $200K | $210K | +5.0% |
| Hazelwood | $160.1K | $157.6K | -1.5% |
| Florissant | $175K | $172.2K | -1.6% |
| Florissant Township | $174.9K | $170K | -2.8% |
| Calverton Park | $95K | $73K | -23.2% |
Housing Supply in Hazelwood, MO
How many homes are available in Hazelwood, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 86 | 96 | +11.6% |
Summary: The Hazelwood real estate market had 96 homes for sale in May 2024, a 11.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 15 | 21 | +40.0% |
| 3 Bedrooms | 51 | 54 | +5.9% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hazelwood 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 40%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 30 | +36.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hazelwood, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Hazelwood in May 2024, up by 36.4% month-over-month. Of the 30 sold homes, 43% were sold under asking, 20% were sold at asking, and 37% were sold over asking.
Days on Market for Hazelwood, MO
How long does it take to sell a home in Hazelwood, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 24 Days | 23 Days | -2.4% |
Summary: Homes in Hazelwood had an average of 23 days on market in May 2024, down by 2.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hazelwood are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 30 homes were sold in Hazelwood; 77% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.