Is Maryland Heights Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maryland Heights Township is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Maryland Heights Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Maryland Heights Township, MO

How much do homes in Maryland Heights Township, MO cost?

Median Sold Price

$284,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$19,750(+7.5%)

Key Takeaway

Homes in Maryland Heights Township have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Maryland Heights Township was $284,000 in June 2024, up 7.5% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $143K-
N/A
2 $199K$185K
-7.0%
3 $250.3K$271K
+8.3%
4 $378.7K$410K
+8.3%
5+ $425K$547K
+28.7%

Summary: Maryland Heights Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 28.7%.

Median Sold Price Compared To Nearby Cities

Town and Country
+16.7%
Maryland Heights
+7.9%
Maryland Heights Township
+7.5%
Creve Coeur Township
+2.5%
Creve Coeur
-3.0%

Housing Supply in Maryland Heights Township, MO

How many homes are available in Maryland Heights Township, MO?

Number of Homes For Sale

May 2024Jun 2024CHANGE
156155-0.6%

Summary: The Maryland Heights Township real estate market had 155 homes for sale in June 2024, a 0.6% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 3133
+6.5%
3 7563
-16.0%
4 3441
+20.6%
5+ 1618
+12.5%

Summary: The Maryland Heights Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 16%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

May 2024Jun 2024CHANGE
6146-24.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maryland Heights Township, you could pay more than the asking price. 52.2% of homes here sold above asking price last month.

Summary: A total of 46 homes were sold or pending in Maryland Heights Township in June 2024, down by 24.6% month-over-month. Of the 46 sold homes, 30% were sold under asking, 17% were sold at asking, and 52% were sold over asking.

Days on Market for Maryland Heights Township, MO

How long does it take to sell a home in Maryland Heights Township, MO?

Average Sale Time

Jun 2023Jun 2024CHANGE
19 Days26 Days+31.2%

Summary: Homes in Maryland Heights Township had an average of 26 days on market in Jun 2024, up by 31.2% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 46 homes were sold in Maryland Heights Township; 70% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

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

Report Updated 12 Days Ago

Newest Listings in Maryland Heights Township, MO

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