Is Vinita Park, 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, Vinita Park has remained a Seller's Market.
Key Takeaway
Vinita Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vinita Park, MO
How much do homes in Vinita Park, MO cost?
Median Sold Price
$84,450
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Vinita Park have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Vinita Park was $84,450 in May 2024, up 12.6% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.7K | $22.5K | -69.1% |
| 2 Bedrooms | $103.7K | $88.9K | -14.3% |
| 3 Bedrooms | $75K | $59.5K | -20.6% |
| 4 Bedrooms | $70K | $106.5K | +52.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Vinita Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.1%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 20.6%, 4 bedroom homes increased by 52.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Vinita Park | $75K | $84.4K | +12.6% |
| University Township | $174.9K | $165K | -5.7% |
| Hanley Hills | $99K | $66.7K | -32.6% |
Housing Supply in Vinita Park, MO
How many homes are available in Vinita Park, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Vinita Park real estate market had 5 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Vinita Park 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vinita Park, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Vinita Park in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Vinita Park, MO
How long does it take to sell a home in Vinita Park, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 67 Days | 20 Days | -70.1% |
Summary: Homes in Vinita Park had an average of 20 days on market in May 2024, down by 70.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Vinita Park are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Vinita Park; 50% of homes were sold within 30 days, 50% 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.