Is The Gate District, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Gate District is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, The Gate District was a Seller's Market.

Key Takeaway

The Gate District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in The Gate District, MO

How much do homes in The Gate District, MO cost?

Median Sold Price

$316,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$125,600(-28.4%)

Key Takeaway

Homes in The Gate District have sold for 28.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $370.2K$316K
-14.6%
4 $513K-
N/A
5+ --
N/A

Summary: The Gate District 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 decreased by 14.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in The Gate District, MO

How many homes are available in The Gate District, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
913+44.4%

Summary: The The Gate District real estate market had 13 homes for sale in April 2024, a 44.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 610
+66.7%
4 21
-50.0%
5+ 00
0.0%

Summary: The The Gate District 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 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Gate District, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in The Gate District in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for The Gate District, MO

How long does it take to sell a home in The Gate District, MO?

Average Sale Time

Mar 2024Apr 2024CHANGE
3 Days3 Days-14.3%

Summary: Homes in The Gate District had an average of 3 days on market in Apr 2024, down by 14.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 The Gate District are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in The Gate District; 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 5 Days Ago

Newest Listings in The Gate District, MO

Nearby Markets to The Gate District, MO