Is Eureka, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Eureka has remained a Seller's Market.
Key Takeaway
Eureka is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eureka, MO
How much do homes in Eureka, MO cost?
Median Sold Price
$400,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Eureka have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Eureka was $400,000 in March 2024, up 9.6% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $207.5K | N/A |
| 2 Bedrooms | $242K | $292K | +20.7% |
| 3 Bedrooms | $290K | $330K | +13.8% |
| 4 Bedrooms | $429.9K | $484.5K | +12.7% |
| 5+ Bedrooms | $529K | $560K | +5.9% |
Summary: Eureka housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Eureka | $365K | $400K | +9.6% |
| Meramec Township | $374.9K | $399.5K | +6.6% |
| Wildwood | $517.1K | $530K | +2.5% |
Housing Supply in Eureka, MO
How many homes are available in Eureka, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 48 | 52 | +8.3% |
Summary: The Eureka real estate market had 52 homes for sale in March 2024, a 8.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 19 | 25 | +31.6% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Eureka housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eureka, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Eureka in March 2024, up by 30.8% month-over-month. Of the 15 sold homes, 13% were sold under asking, 27% were sold at asking, and 60% were sold over asking.
Days on Market for Eureka, MO
How long does it take to sell a home in Eureka, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 55 Days | 27 Days | -50.8% |
Summary: Homes in Eureka had an average of 27 days on market in Mar 2024, down by 50.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eureka are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 17 homes were sold in Eureka; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.