Is Oakville, 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, Oakville has remained a Seller's Market.
Housing Prices in Oakville, MO
How much do homes in Oakville, MO cost?
Median Sold Price
$322,500
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Oakville was $322,500 in March 2024, up 3.7% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | $78K | +11.4% |
2 Bedrooms | $149K | $201K | +34.9% |
3 Bedrooms | $288.9K | $305K | +5.6% |
4 Bedrooms | $383.5K | $391.1K | +2.0% |
5+ Bedrooms | $447K | $432K | -3.4% |
Summary: Oakville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.4%, 2 bedroom homes increased by 34.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Neighborhoods
South County | $245.7K | $264.9K | +7.8% |
Mehlville | $225K | $233.5K | +3.8% |
Oakville | $311.1K | $322.5K | +3.7% |
Housing Supply in Oakville, MO
How many homes are available in Oakville, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
61 | 76 | +24.6% |
Summary: The Oakville real estate market had 76 homes for sale in March 2024, a 24.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 9 | 16 | +77.8% |
3 Bedrooms | 28 | 30 | +7.1% |
4 Bedrooms | 18 | 21 | +16.7% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Oakville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 77.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 28 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Oakville in March 2024, up by 33.3% month-over-month. Of the 28 sold homes, 21% were sold under asking, 18% were sold at asking, and 61% were sold over asking.
Days on Market for Oakville, MO
How long does it take to sell a home in Oakville, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 16 Days | -43.0% |
Summary: Homes in Oakville had an average of 16 days on market in Mar 2024, down by 43% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in Oakville; 79% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.