Is Saint Charles, 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, Saint Charles has remained a Seller's Market.
Key Takeaway
Saint Charles is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Charles, MO
How much do homes in Saint Charles, MO cost?
Median Sold Price
$318,625
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Saint Charles have sold for 10% more than they did a year ago.
Summary: The median home sold price in Saint Charles was $318,625 in March 2024, up 10% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118K | $189K | +60.2% |
| 2 Bedrooms | $209.1K | $232K | +11.0% |
| 3 Bedrooms | $280K | $306.1K | +9.3% |
| 4 Bedrooms | $400K | $407K | +1.8% |
| 5+ Bedrooms | $500K | $485K | -3.0% |
Summary: Saint Charles housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.2%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
| Lindenwood Township | $255.6K | $290K | +13.4% |
| Saint Charles | $289.5K | $318.6K | +10.0% |
| Frontier Township | $289K | $305K | +5.5% |
| Spencer Creek Township | $270K | $280.6K | +4.0% |
| Zumbehl Township | $307.5K | $315K | +2.4% |
Housing Supply in Saint Charles, MO
How many homes are available in Saint Charles, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 150 | 173 | +15.3% |
Summary: The Saint Charles real estate market had 173 homes for sale in March 2024, a 15.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 24 | 31 | +29.2% |
| 3 Bedrooms | 79 | 89 | +12.7% |
| 4 Bedrooms | 40 | 43 | +7.5% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Saint Charles housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 53 | 61 | +15.1% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Charles, you could pay more than the asking price. 45.9% of homes here sold above asking price last month.
Summary: A total of 61 homes were sold or pending in Saint Charles in March 2024, up by 15.1% month-over-month. Of the 61 sold homes, 43% were sold under asking, 11% were sold at asking, and 46% were sold over asking.
Days on Market for Saint Charles, MO
How long does it take to sell a home in Saint Charles, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 17 Days | 30 Days | +75.0% |
Summary: Homes in Saint Charles had an average of 30 days on market in Mar 2024, up by 75% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Charles are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 61 homes were sold in Saint Charles; 70% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.