Is Patch, 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, Patch has remained a Seller's Market.
Housing Prices in Patch, MO
How much do homes in Patch, MO cost?
Median Sold Price
$100,000
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Patch was $100,000 in April 2024, down 7.8% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $56K | $71.2K | +27.2% |
2 Bedrooms | $113.7K | $113.7K | 0% |
3 Bedrooms | $104.2K | $118.5K | +13.7% |
4 Bedrooms | - | $249K | N/A |
5+ Bedrooms | $160K | - | N/A |
Summary: Patch housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 13.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Lemay | $145K | $157.2K | +8.4% |
South County | $247.1K | $265K | +7.2% |
South City | $220.7K | $230K | +4.2% |
Carondelet | $120K | $119.2K | -0.7% |
Patch | $108.5K | $100K | -7.8% |
Housing Supply in Patch, MO
How many homes are available in Patch, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Summary: The Patch real estate market had 15 homes for sale in April 2024, a 7.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Patch 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 decreased by 12.5%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Patch in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Patch, MO
How long does it take to sell a home in Patch, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 56 Days | +1020.0% |
Summary: Homes in Patch had an average of 56 days on market in Apr 2024, up by 1020% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Patch; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.