Is Heart of the Westside, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Heart of the Westside is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Heart of the Westside has remained a Seller's Market.

Key Takeaway

Heart of the Westside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Heart of the Westside, MO

How much do homes in Heart of the Westside, MO cost?

Median Sold Price

$120,705

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$4,295(-3.4%)

Key Takeaway

Homes in Heart of the Westside have sold for 3.4% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $46.5K$90.5K
+94.6%
2 $102.5K$88.7K
-13.4%
3 $135.8K$147.5K
+8.6%
4 $174K$171.2K
-1.6%
5+ $800.2K$1.0M
+36.3%

Summary: Heart of the Westside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 94.6%, 2 bedroom homes decreased by 13.4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 36.3%.

Median Sold Price Compared To Nearby Neighborhoods

Grant Beach
+23.8%
Tom Watkins
+14.1%
Woodland Heights
+14.1%
Study / Zagonyi
+1.9%
Heart of the Westside
-3.4%

Housing Supply in Heart of the Westside, MO

How many homes are available in Heart of the Westside, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2726-3.7%

Summary: The Heart of the Westside real estate market had 26 homes for sale in April 2024, a 3.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 1415
+7.1%
3 118
-27.3%
4 21
-50.0%
5+ 01
+100.0%

Summary: The Heart of the Westside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Heart of the Westside, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Heart of the Westside in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for Heart of the Westside, MO

How long does it take to sell a home in Heart of the Westside, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
41 Days28 Days-30.1%

Summary: Homes in Heart of the Westside had an average of 28 days on market in Apr 2024, down by 30.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Heart of the Westside are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in Heart of the Westside; 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.

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

Report Updated 22 Days Ago

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