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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sturgeon is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Sturgeon was a Neutral Market.

Key Takeaway

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

Housing Prices in Sturgeon, MO

How much do homes in Sturgeon, MO cost?

Median Sold Price

$220,040

$179/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$30,493(-12.2%)

Key Takeaway

Homes in Sturgeon have sold for 12.2% less than they did a month ago.

Summary: The median home sold price in Sturgeon was $220,040 in April 2024, down 12.2% from last month, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$207.5K
N/A
3 -$232.5K
N/A
4 --
N/A
5+ $250.5K-
N/A

Summary: Sturgeon housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sturgeon
-12.2%
Bourbon Township
-25.8%

Housing Supply in Sturgeon, MO

How many homes are available in Sturgeon, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
67+16.7%

Summary: The Sturgeon real estate market had 7 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 11
0.0%
4 33
0.0%
5+ 10
-100.0%

Summary: The Sturgeon 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 200%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sturgeon, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Sturgeon in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Sturgeon, MO

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

Average Sale Time

Mar 2024Apr 2024CHANGE
83 Days19 Days-77.1%

Summary: Homes in Sturgeon had an average of 19 days on market in Apr 2024, down by 77.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Sturgeon; 50% of homes were sold within 30 days, 50% 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 1 Day Ago

Newest Listings in Sturgeon, MO

Nearby Markets to Sturgeon, MO