Is Shaw, 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, Shaw has remained a Seller's Market.
Key Takeaway
Shaw is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shaw, MO
How much do homes in Shaw, MO cost?
Median Sold Price
$400,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Shaw have sold for 2% less than they did a year ago.
Summary: The median home sold price in Shaw was $400,000 in April 2024, down 2% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $138.4K | - | N/A |
| 2 Bedrooms | $211.2K | $210.2K | -0.5% |
| 3 Bedrooms | $393.6K | $400K | +1.6% |
| 4 Bedrooms | $478.4K | $450K | -5.9% |
| 5+ Bedrooms | $660K | $551K | -16.5% |
Summary: Shaw 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 0.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 16.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Shaw | $408K | $400K | -2.0% |
| Tower Grove East | $330K | $320K | -3.0% |
| Botanical Heights (McRee Town) | $415K | $392.7K | -5.4% |
| Compton Heights | $437.5K | $407.5K | -6.9% |
Housing Supply in Shaw, MO
How many homes are available in Shaw, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Shaw real estate market had 13 homes for sale in April 2024, a 8.3% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Shaw 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 50%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shaw, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Shaw in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Shaw, MO
How long does it take to sell a home in Shaw, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 51 Days | 15 Days | -69.5% |
Summary: Homes in Shaw had an average of 15 days on market in Apr 2024, down by 69.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shaw are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Shaw; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.