Is Saint Peters, 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 Peters has remained a Seller's Market.
Housing Prices in Saint Peters, MO
How much do homes in Saint Peters, MO cost?
Median Sold Price
$296,101
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Saint Peters was $296,101 in March 2024, up 5.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $148K | +13.8% |
2 Bedrooms | $177.1K | $193.2K | +9.1% |
3 Bedrooms | $285K | $300K | +5.3% |
4 Bedrooms | $350K | $381K | +8.9% |
5+ Bedrooms | $327K | $450K | +37.6% |
Summary: Saint Peters housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 37.6%.
Median Sold Price Compared To Nearby Cities
Saint Peters Township | $285K | $310K | +8.8% |
Cottleville | $376K | $401K | +6.6% |
Saint Peters | $279.9K | $296.1K | +5.8% |
Cottleville Township | $369.2K | $390K | +5.6% |
Spencer Creek Township | $270K | $280.6K | +4.0% |
Housing Supply in Saint Peters, MO
How many homes are available in Saint Peters, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
123 | 141 | +14.6% |
Summary: The Saint Peters real estate market had 141 homes for sale in March 2024, a 14.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 2 | -60.0% |
2 Bedrooms | 33 | 39 | +18.2% |
3 Bedrooms | 66 | 77 | +16.7% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Saint Peters housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 48 | +6.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Saint Peters in March 2024, up by 6.7% month-over-month. Of the 48 sold homes, 17% were sold under asking, 19% were sold at asking, and 65% were sold over asking.
Days on Market for Saint Peters, MO
How long does it take to sell a home in Saint Peters, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
14 Days | 19 Days | +35.4% |
Summary: Homes in Saint Peters had an average of 19 days on market in Mar 2024, up by 35.4% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 48 homes were sold in Saint Peters; 75% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.