Is Creve Coeur Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Creve Coeur Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Creve Coeur Township has remained a Seller's Market.

Key Takeaway

Creve Coeur Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Creve Coeur Township, MO

How much do homes in Creve Coeur Township, MO cost?

Median Sold Price

$345,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,000(+1.5%)

Key Takeaway

Homes in Creve Coeur Township have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Creve Coeur Township was $345,000 in May 2024, up 1.5% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $96K$127.5K
+32.8%
2 $183.7K$177.3K
-3.5%
3 $325K$330K
+1.5%
4 $493.5K$526K
+6.6%
5+ $967.5K$885K
-8.5%

Summary: Creve Coeur Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.8%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 8.5%.

Median Sold Price Compared To Nearby Cities

Olivette
+19.7%
Creve Coeur
+13.8%
Maryland Heights Township
+9.0%
Maryland Heights
+8.7%
Creve Coeur Township
+1.5%

Housing Supply in Creve Coeur Township, MO

How many homes are available in Creve Coeur Township, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
163174+6.7%

Summary: The Creve Coeur Township real estate market had 174 homes for sale in May 2024, a 6.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 35
+66.7%
2 4134
-17.1%
3 5459
+9.3%
4 4346
+7.0%
5+ 2230
+36.4%

Summary: The Creve Coeur Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 17.1%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 36.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
4353+23.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Creve Coeur Township, you could pay more than the asking price. 56.6% of homes here sold above asking price last month.

Summary: A total of 53 homes were sold or pending in Creve Coeur Township in May 2024, up by 23.3% month-over-month. Of the 53 sold homes, 30% were sold under asking, 13% were sold at asking, and 57% were sold over asking.

Days on Market for Creve Coeur Township, MO

How long does it take to sell a home in Creve Coeur Township, MO?

Average Sale Time

May 2023May 2024CHANGE
20 Days43 Days+106.1%

Summary: Homes in Creve Coeur Township had an average of 43 days on market in May 2024, up by 106.1% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 53 homes were sold in Creve Coeur Township; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 8% 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 23 Days Ago

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