Is Kirkwood, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kirkwood is a seller's market

Buyer's
Market

Difference Since August 2021

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

Key Takeaway

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

How much do homes in Kirkwood, MO cost?

Median Sold Price

$346,556

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$6,556(+1.9%)

Key Takeaway

Homes in Kirkwood have sold for 1.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $115K$121K
+5.2%
2 $203K$227.2K
+11.9%
3 $311.7K$367.7K
+17.9%
4 $584.9K$605K
+3.4%
5+ $843K$825.5K
-2.1%

Median Sold Price Compared To Nearby Cities

Des Peres
+14.7%
Bonhomme Township
+4.6%
Glendale
+4.5%
Kirkwood
+1.9%

How many homes are available in Kirkwood, MO?

Number of Homes For Sale

Jul 2022Aug 2022%
153134-12.4%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 45
+25.0%
2 4229
-31.0%
3 4245
+7.1%
4 3733
-10.8%
5+ 2822
-21.4%

Number of Homes Sold

Jul 2022Aug 2022%
5743-24.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kirkwood, you could pay more than the asking price. 55.8% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
23 Days15 Days-31.5%

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Kirkwood, MO

Homes for sale in Kirkwood, MO have reached 134. In August 2022 in Kirkwood, MO there were 12.4% less homes for sale than in July 2022. In August 2022 median list price was $346,556 and the average listing age was 15 days. From July 2022 through August 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 5.2%, 2 bedrooms properties became 11.9% more expensive, prices of 3 bedrooms properties went up by 17.9%, prices of 4 bedrooms properties went up by 3.4%, prices of 5 bedrooms properties decreased by 2.1%. This housing market inventory have changed: the quantity of 1 bedroom homes went up by 25%, number of 2 bedrooms homes decreased by 31%, the quantity of 3 bedrooms homes went up by 7.1%, 4 bedrooms homes inventory decreased by 10.8%, 5 bedrooms homes inventory decreased by 21.4%. While more than 24 listings in Kirkwood, MO in August 2022 were sold above asking price, there were more than 7 listings sold at asking price, and more than 12 were sold below.

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