Is Maplewood, 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, Maplewood has remained a Seller's Market.
Key Takeaway
Maplewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maplewood, MO
How much do homes in Maplewood, MO cost?
Median Sold Price
$270,875
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Maplewood have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Maplewood was $270,875 in March 2024, down 4.5% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135.2K | $175K | +29.4% |
| 2 Bedrooms | $205K | $225K | +9.8% |
| 3 Bedrooms | $305K | $289K | -5.2% |
| 4 Bedrooms | $467K | $495K | +6.0% |
| 5+ Bedrooms | $352K | $580K | +64.8% |
Summary: Maplewood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.4%, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 64.8%.
Median Sold Price Compared To Nearby Cities
| Shrewsbury | $255K | $275K | +7.8% |
| Brentwood | $246K | $255.8K | +4.0% |
| Richmond Heights | $360K | $357.9K | -0.6% |
| Hadley Township | $368.5K | $356K | -3.4% |
| Maplewood | $283.5K | $270.8K | -4.5% |
Housing Supply in Maplewood, MO
How many homes are available in Maplewood, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Summary: The Maplewood real estate market had 16 homes for sale in March 2024, a 5.9% decrease 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 | 5 | 7 | +40.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Maplewood 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 40%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maplewood, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Maplewood in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Maplewood, MO
How long does it take to sell a home in Maplewood, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 77 Days | 48 Days | -37.2% |
Summary: Homes in Maplewood had an average of 48 days on market in Mar 2024, down by 37.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Maplewood are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Maplewood; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.