Is Ellisville, 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, Ellisville has remained a Seller's Market.
Housing Prices in Ellisville, MO
How much do homes in Ellisville, MO cost?
Median Sold Price
$384,900
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ellisville was $384,900 in May 2024, up 14.9% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $200K | $247K | +23.5% |
3 Bedrooms | $311.5K | $330K | +5.9% |
4 Bedrooms | $455K | $464.9K | +2.2% |
5+ Bedrooms | $545K | $587K | +7.7% |
Summary: Ellisville 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 23.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
Ellisville | $335K | $384.9K | +14.9% |
Ballwin | $341.6K | $369.8K | +8.3% |
Wildhorse Township | $363.5K | $384K | +5.6% |
Chesterfield Township | $546.4K | $576.9K | +5.6% |
Grover | $405K | $425K | +4.9% |
Housing Supply in Ellisville, MO
How many homes are available in Ellisville, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 34 | +13.3% |
Summary: The Ellisville real estate market had 34 homes for sale in May 2024, a 13.3% 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 | 11 | 5 | -54.5% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 11 | 17 | +54.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Ellisville 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 54.5%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Ellisville in May 2024, up by 15.4% month-over-month. Of the 15 sold homes, 13% were sold under asking, 13% were sold at asking, and 73% were sold over asking.
Days on Market for Ellisville, MO
How long does it take to sell a home in Ellisville, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 12 Days | -2.5% |
Summary: Homes in Ellisville had an average of 12 days on market in May 2024, down by 2.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Ellisville; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.