Is Saint Peters, 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, Saint Peters has remained a Seller's Market.
Housing Prices in Saint Peters, MO
How much do homes in Saint Peters, MO cost?
Median Sold Price
$300,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Saint Peters was $300,000 in May 2024, up 7.5% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $132.2K | $148K | +11.9% |
2 Bedrooms | $177.5K | $195K | +9.9% |
3 Bedrooms | $285.1K | $307.9K | +8.0% |
4 Bedrooms | $350K | $380K | +8.6% |
5+ Bedrooms | $343K | $450K | +31.2% |
Summary: Saint Peters housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 31.2%.
Median Sold Price Compared To Nearby Cities
Saint Peters Township | $285.2K | $315K | +10.4% |
Cottleville | $380K | $413.5K | +8.8% |
Saint Peters | $279K | $300K | +7.5% |
Cottleville Township | $372.5K | $396.5K | +6.4% |
Spencer Creek Township | $268K | $285K | +6.3% |
Housing Supply in Saint Peters, MO
How many homes are available in Saint Peters, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
156 | 178 | +14.1% |
Summary: The Saint Peters real estate market had 178 homes for sale in May 2024, a 14.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 45 | 48 | +6.7% |
3 Bedrooms | 79 | 82 | +3.8% |
4 Bedrooms | 28 | 43 | +53.6% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Saint Peters housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 53.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
63 | 62 | -1.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Summary: A total of 62 homes were sold or pending in Saint Peters in May 2024, down by 1.6% month-over-month. Of the 62 sold homes, 27% were sold under asking, 16% were sold at asking, and 56% were sold over asking.
Days on Market for Saint Peters, MO
How long does it take to sell a home in Saint Peters, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
9 Days | 15 Days | +58.8% |
Summary: Homes in Saint Peters had an average of 15 days on market in May 2024, up by 58.8% compared to last year.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 62 homes were sold in Saint Peters; 84% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.