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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Legends is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in The Legends, MO

How much do homes in The Legends, MO cost?

Median Sold Price

$553,500

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$63,500(+13.0%)

Key Takeaway

Homes in The Legends have sold for 13% more than they did a year ago.

Summary: The median home sold price in The Legends was $553,500 in March 2024, up 13% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 -$530K
N/A
3 $463.5K$575K
+24.1%
4 $470K$553.5K
+17.8%
5+ $696K$547.5K
-21.3%

Summary: The Legends housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes decreased by 21.3%.

Housing Supply in The Legends, MO

How many homes are available in The Legends, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1415+7.1%

Summary: The The Legends real estate market had 15 homes for sale in March 2024, a 7.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 34
+33.3%
4 89
+12.5%
5+ 10
-100.0%

Summary: The The Legends housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Legends, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in The Legends in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for The Legends, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
57 Days17 Days-69.3%

Summary: Homes in The Legends had an average of 17 days on market in Mar 2024, down by 69.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 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 Legends are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in The Legends; 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 29 Days Ago

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