Is Kirkwood, 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, Kirkwood has remained a Seller's Market.
Housing Prices in Kirkwood, MO
How much do homes in Kirkwood, MO cost?
Median Sold Price
$386,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kirkwood was $386,000 in March 2024, up 5.8% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $146K | $160K | +9.6% |
2 Bedrooms | $242.5K | $231K | -4.7% |
3 Bedrooms | $376.5K | $390K | +3.6% |
4 Bedrooms | $645K | $619K | -4.0% |
5+ Bedrooms | $899K | $930.5K | +3.5% |
Summary: Kirkwood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
Glendale | $447.5K | $555K | +24.0% |
Des Peres | $590.5K | $655K | +10.9% |
Kirkwood | $365K | $386K | +5.8% |
Bonhomme Township | $378.7K | $390K | +3.0% |
Housing Supply in Kirkwood, MO
How many homes are available in Kirkwood, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
95 | 107 | +12.6% |
Summary: The Kirkwood real estate market had 107 homes for sale in March 2024, a 12.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 23 | 37 | +60.9% |
3 Bedrooms | 25 | 22 | -12.0% |
4 Bedrooms | 21 | 25 | +19.0% |
5+ Bedrooms | 23 | 19 | -17.4% |
Summary: The Kirkwood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 60.9%, 3 bedroom homes decreased by 12%, 4 bedroom homes increased by 19%, and 5+ bedroom homes decreased by 17.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 41 | +86.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Kirkwood in March 2024, up by 86.4% month-over-month. Of the 41 sold homes, 41% were sold under asking, 7% were sold at asking, and 51% were sold over asking.
Days on Market for Kirkwood, MO
How long does it take to sell a home in Kirkwood, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
72 Days | 28 Days | -60.5% |
Summary: Homes in Kirkwood had an average of 28 days on market in Mar 2024, down by 60.5% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 41 homes were sold in Kirkwood; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.