Is Sunset Hills, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunset Hills is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Sunset Hills, MO cost?

Median Sold Price

$445,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

-$39,900(-8.2%)

Key Takeaway

Homes in Sunset Hills have sold for 8.2% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $295K-
N/A
2 $170.1K$245.5K
+44.3%
3 $350K$385K
+10.0%
4 $532.5K$619.3K
+16.3%
5+ $690K$650K
-5.8%

Median Sold Price Compared To Nearby Cities

Gravois Township
+9.0%
Bonhomme Township
+6.0%
Fenton
+5.9%
Crestwood
+5.7%
Sunset Hills
-8.2%

How many homes are available in Sunset Hills, MO?

Number of Homes For Sale

Sep 2022Oct 2022%
2026+30.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 13
+200.0%
3 510
+100.0%
4 1110
-9.1%
5+ 33
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
56+20.0%

Asking Price vs. Sold Price

4 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 Sunset Hills, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
41 Days35 Days-15.4%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Sunset Hills, MO

Sunset Hills, MO has 26 homes for sale to choose from. The inventory of homes for sale in Sunset Hills, MO between September 2022 and October 2022 increased by 30%. The median list price of listings available in October 2022 was $445,000, while the average time on the real estate market was 35 days. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 44.3%, prices of 3 bedrooms properties increased by 10%, prices of 4 bedrooms properties went up by 16.3%, 5 bedrooms properties became 5.8% more cheaper. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 200%, 3 bedrooms homes became 100% more available, the quantity of 4 bedrooms homes went down by 9.1%, volume of 5 bedrooms homes stayed the same. In October 2022 more than 2 listings in Sunset Hills, MO were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 4 were sold below.

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