Is Meador Park, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Meador Park has remained a Seller's Market.
Housing Prices in Meador Park, MO
How much do homes in Meador Park, MO cost?
Median Sold Price
$210,735
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Meador Park was $210,735 in April 2024, up 8.1% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $50K | - | N/A |
2 Bedrooms | $156K | $155K | -0.6% |
3 Bedrooms | $195K | $212.5K | +9.0% |
4 Bedrooms | $238.9K | $225K | -5.8% |
5+ Bedrooms | - | - | N/A |
Summary: Meador Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Seminole / Holland | $174.1K | $195.5K | +12.3% |
Meador Park | $195K | $210.7K | +8.1% |
Southeast Springfield / Brentwood | $249.4K | $255K | +2.2% |
Delaware | $241K | $230.5K | -4.4% |
Housing Supply in Meador Park, MO
How many homes are available in Meador Park, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Summary: The Meador Park real estate market had 15 homes for sale in April 2024, a 15.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 3 | +100.0% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Meador Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Meador Park in April 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Meador Park, MO
How long does it take to sell a home in Meador Park, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 9 Days | -31.2% |
Summary: Homes in Meador Park had an average of 9 days on market in Apr 2024, down by 31.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Meador Park; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.