Is Brentwood, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brentwood is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Brentwood was a Seller's Market.

Key Takeaway

Brentwood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Brentwood, MO

How much do homes in Brentwood, MO cost?

Median Sold Price

$264,000

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$19,000(+7.8%)

Key Takeaway

Homes in Brentwood have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Brentwood was $264,000 in April 2024, up 7.8% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $163K$188K
+15.3%
2 $220K$225K
+2.3%
3 $312K$345K
+10.6%
4 $724K$830K
+14.6%
5+ $835K$895K
+7.2%

Summary: Brentwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 7.2%.

Median Sold Price Compared To Nearby Cities

Clayton Township
+31.3%
Brentwood
+7.8%
Rock Hill
+4.9%
Maplewood
-1.9%
Richmond Heights
-2.4%

Housing Supply in Brentwood, MO

How many homes are available in Brentwood, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4663+37.0%

Summary: The Brentwood real estate market had 63 homes for sale in April 2024, a 37.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 13
+200.0%
2 2736
+33.3%
3 1010
0.0%
4 310
+233.3%
5+ 54
-20.0%

Summary: The Brentwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 233.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1710-41.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brentwood, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Brentwood in April 2024, down by 41.2% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.

Days on Market for Brentwood, MO

How long does it take to sell a home in Brentwood, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
44 Days14 Days-67.0%

Summary: Homes in Brentwood had an average of 14 days on market in Apr 2024, down by 67% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brentwood are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 10 homes were sold in Brentwood; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Brentwood, MO

Nearby Markets to Brentwood, MO

What housing markets are near Brentwood, MO?