Is Lake Saint Louis Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake Saint Louis Township is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Lake Saint Louis Township has remained a Seller's Market.

Key Takeaway

Lake Saint Louis Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Lake Saint Louis Township, MO cost?

Median Sold Price

$330,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$24,687(+8.1%)

Key Takeaway

Homes in Lake Saint Louis Township have sold for 8.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $227K$100K
-55.9%
2 $183.5K$227K
+23.7%
3 $275K$295K
+7.3%
4 $375K$419.7K
+11.9%
5+ $510K$587K
+15.1%

Median Sold Price Compared To Nearby Cities

Dardenne Prairie
+11.5%
O Fallon
+10.5%
O'Fallon
+9.1%
Lake Saint Louis Township
+8.1%
Lake Saint Louis
+5.6%

How many homes are available in Lake Saint Louis Township, MO?

Number of Homes For Sale

Nov 2022Dec 2022%
9671-26.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 31
-66.7%
2 1813
-27.8%
3 3832
-15.8%
4 2820
-28.6%
5+ 95
-44.4%

Number of Homes Sold

Nov 2022Dec 2022%
3724-35.1%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lake Saint Louis Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
14 Days30 Days+109.5%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lake Saint Louis Township 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 Lake Saint Louis Township, MO

Lake Saint Louis Township, MO has 71 homes on the market. In December 2022 in Lake Saint Louis Township, MO there were 26% less homes for sale than in November 2022. In December 2022, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $330,000. Real estate listing prices changed between November 2022 and December 2022: 1 bedroom properties became 55.9% more cheaper, 2 bedrooms properties became 23.7% more expensive, the cost of 3 bedrooms properties went up by 7.3%, prices of 4 bedrooms properties increased by 11.9%, the cost of 5 bedrooms properties went up by 15.1%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went down by 66.7%, 2 bedrooms homes became 27.8% less available, the quantity of 3 bedrooms homes went down by 15.8%, volume of 4 bedrooms homes went down by 28.6%, 5 bedrooms homes inventory decreased by 44.4%. Over 4 listings were sold over their listed price in December 2022 in Lake Saint Louis Township, MO. In the same period over 15 listings were sold below the listed price and 5 listings were sold for the listed price.

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