Is Compton Heights, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Compton Heights is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Compton Heights has remained a Seller's Market.

Key Takeaway

Compton Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Compton Heights, MO

How much do homes in Compton Heights, MO cost?

Median Sold Price

$407,500

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$30,000(-6.9%)

Key Takeaway

Homes in Compton Heights have sold for 6.9% less than they did a year ago.

Summary: The median home sold price in Compton Heights was $407,500 in April 2024, down 6.9% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $97.5K$128K
+31.3%
2 $285K$155K
-45.6%
3 $372.5K$322.5K
-13.4%
4 $586K$515K
-12.1%
5+ $750K$832.5K
+11.0%

Summary: Compton Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.3%, 2 bedroom homes decreased by 45.6%, 3 bedroom homes decreased by 13.4%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes increased by 11%.

Median Sold Price Compared To Nearby Neighborhoods

South City
+4.2%
Fox Park
+1.9%
Compton Heights
-6.9%

Housing Supply in Compton Heights, MO

How many homes are available in Compton Heights, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
46+50.0%

Summary: The Compton Heights real estate market had 6 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 12
+100.0%
4 11
0.0%
5+ 01
+100.0%

Summary: The Compton Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Compton Heights, 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 Compton Heights in April 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 Compton Heights, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
4 Days12 Days+212.5%

Summary: Homes in Compton Heights had an average of 12 days on market in Apr 2024, up by 212.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Compton Heights; 100% of homes were sold within 30 days, 0% 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 5 Days Ago

Newest Listings in Compton Heights, MO

Nearby Markets to Compton Heights, MO