Is Glencoe, 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, Glencoe has remained a Seller's Market.
Housing Prices in Glencoe, MO
How much do homes in Glencoe, MO cost?
Median Sold Price
$637,500
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Glencoe was $637,500 in May 2024, up 1.2% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $120K | $124.5K | +3.8% |
3 Bedrooms | $505.7K | $475K | -6.1% |
4 Bedrooms | $597.5K | $655.5K | +9.7% |
5+ Bedrooms | $766K | $805K | +5.1% |
Summary: Glencoe 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 3.8%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
Ellisville | $335K | $384.9K | +14.9% |
Chesterfield Township | $546.4K | $576.9K | +5.6% |
Grover | $405K | $425K | +4.9% |
Wildwood | $525K | $540K | +2.9% |
Glencoe | $630K | $637.5K | +1.2% |
Housing Supply in Glencoe, MO
How many homes are available in Glencoe, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 41 | +57.7% |
Summary: The Glencoe real estate market had 41 homes for sale in May 2024, a 57.7% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 6 | 12 | +100.0% |
4 Bedrooms | 11 | 20 | +81.8% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Glencoe 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 increased by 100%, 4 bedroom homes increased by 81.8%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 12 | +1100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Glencoe in May 2024, up by 1100.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% were sold over asking.
Days on Market for Glencoe, MO
How long does it take to sell a home in Glencoe, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 17 Days | -45.8% |
Summary: Homes in Glencoe had an average of 17 days on market in May 2024, down by 45.8% compared to last year.
Breakdown of Home Sale Times
10 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, 12 homes were sold in Glencoe; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.