Is Soulard, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Soulard is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Soulard has remained a Seller's Market.

Key Takeaway

Soulard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Soulard, MO

How much do homes in Soulard, MO cost?

Median Sold Price

$440,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$138,500(+45.9%)

Key Takeaway

Homes in Soulard have sold for 45.9% more than they did a year ago.

Summary: The median home sold price in Soulard was $440,000 in April 2024, up 45.9% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $225K$173K
-23.1%
2 $207.5K$253.5K
+22.2%
3 $397.2K$388K
-2.3%
4 $324.9K$562K
+72.9%
5+ $542K$709K
+30.8%

Summary: Soulard housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 72.9%, and 5+ bedroom homes increased by 30.8%.

Median Sold Price Compared To Nearby Neighborhoods

Soulard
+45.9%
Benton Park West
+0.9%

Housing Supply in Soulard, MO

How many homes are available in Soulard, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1316+23.1%

Summary: The Soulard real estate market had 16 homes for sale in April 2024, a 23.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 35
+66.7%
3 57
+40.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Soulard 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 increased by 66.7%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Soulard, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Soulard in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Soulard, MO

How long does it take to sell a home in Soulard, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
26 Days9 Days-66.0%

Summary: Homes in Soulard had an average of 9 days on market in Apr 2024, down by 66% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Soulard are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Soulard; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Soulard, MO

Nearby Markets to Soulard, MO