Is Lafayette Square, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Lafayette Square was a Seller's Market.
Housing Prices in Lafayette Square, MO
How much do homes in Lafayette Square, MO cost?
Median Sold Price
$492,500
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lafayette Square was $492,500 in March 2024, up 15.9% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220.3K | $150K | -31.9% |
2 Bedrooms | $310K | $287.3K | -7.3% |
3 Bedrooms | $430.5K | $630K | +46.4% |
4 Bedrooms | $665K | $725K | +9.0% |
5+ Bedrooms | $737.5K | $500K | -32.2% |
Summary: Lafayette Square housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.9%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 46.4%, 4 bedroom homes increased by 9%, and 5+ bedroom homes decreased by 32.2%.
Median Sold Price Compared To Nearby Neighborhoods
Central Corridor | $228K | $280K | +22.8% |
Lafayette Square | $425K | $492.5K | +15.9% |
The Gate District | $312.5K | $327.4K | +4.8% |
Downtown West Saint Louis | $154.9K | $130K | -16.1% |
Housing Supply in Lafayette Square, MO
How many homes are available in Lafayette Square, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 16 | +128.6% |
Summary: The Lafayette Square real estate market had 16 homes for sale in March 2024, a 128.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 7 | +133.3% |
3 Bedrooms | 2 | 5 | +150.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Lafayette Square housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Lafayette Square in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Lafayette Square, MO
How long does it take to sell a home in Lafayette Square, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 22 Days | -21.4% |
Summary: Homes in Lafayette Square had an average of 22 days on market in Mar 2024, down by 21.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Lafayette Square; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.