Is Maplewood, 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, Maplewood has remained a Seller's Market.
Key Takeaway
Maplewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maplewood, MO
How much do homes in Maplewood, MO cost?
Median Sold Price
$280,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Maplewood have sold for 12% more than they did a year ago.
Summary: The median home sold price in Maplewood was $280,000 in May 2024, up 12% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135.2K | $175K | +29.4% |
| 2 Bedrooms | $205K | $225K | +9.8% |
| 3 Bedrooms | $300K | $300K | 0.0% |
| 4 Bedrooms | $486K | $495K | +1.9% |
| 5+ Bedrooms | $352K | $564.5K | +60.4% |
Summary: Maplewood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.4%, 2 bedroom homes increased by 9.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 60.4%.
Median Sold Price Compared To Nearby Cities
| Maplewood | $250K | $280K | +12.0% |
| Shrewsbury | $255K | $276K | +8.2% |
| Brentwood | $246K | $266K | +8.1% |
| Hadley Township | $350K | $370K | +5.7% |
| Richmond Heights | $352K | $361K | +2.6% |
Housing Supply in Maplewood, MO
How many homes are available in Maplewood, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 27 | +22.7% |
Summary: The Maplewood real estate market had 27 homes for sale in May 2024, a 22.7% 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 | 10 | 14 | +40.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Maplewood 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 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 13 | +85.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maplewood, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Maplewood in May 2024, up by 85.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% were sold over asking.
Days on Market for Maplewood, MO
How long does it take to sell a home in Maplewood, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 13 Days | +57.4% |
Summary: Homes in Maplewood had an average of 13 days on market in May 2024, up by 57.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Maplewood are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Maplewood; 77% of homes were sold within 30 days, 23% 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.