Is Grantwood Village, 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, Grantwood Village has remained a Seller's Market.
Key Takeaway
Grantwood Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grantwood Village, MO
How much do homes in Grantwood Village, MO cost?
Median Sold Price
$574,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Grantwood Village have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Grantwood Village was $574,000 in May 2024, up 4.6% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80K | $385K | +381.3% |
| 3 Bedrooms | $537K | $526.9K | -1.9% |
| 4 Bedrooms | $629K | $635K | +1.0% |
| 5+ Bedrooms | $785K | $635K | -19.1% |
Summary: Grantwood Village 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 381.3%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 19.1%.
Median Sold Price Compared To Nearby Cities
| Gravois Township | $250.8K | $278K | +10.8% |
| Concord Township | $225K | $240K | +6.7% |
| Crestwood | $290K | $306.5K | +5.7% |
| Grantwood Village | $548.5K | $574K | +4.6% |
Housing Supply in Grantwood Village, MO
How many homes are available in Grantwood Village, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The Grantwood Village real estate market had 5 homes for sale in May 2024, a 16.7% decrease 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 | 1 | +100.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Grantwood Village 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 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grantwood Village, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Grantwood Village in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Grantwood Village, MO
How long does it take to sell a home in Grantwood Village, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 6 Days | 18 Days | +204.2% |
Summary: Homes in Grantwood Village had an average of 18 days on market in May 2024, up by 204.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grantwood Village are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Grantwood Village; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.