Is University City, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, University City has remained a Seller's Market.
Housing Prices in University City, MO
How much do homes in University City, MO cost?
Median Sold Price
$313,857
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in University City was $313,857 in February 2024, down 6% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $57.5K | -45.2% |
2 Bedrooms | $135K | $135K | 0.0% |
3 Bedrooms | $329.5K | $336.9K | +2.2% |
4 Bedrooms | $540.2K | $503.5K | -6.8% |
5+ Bedrooms | $735K | $654.5K | -11.0% |
Summary: University City housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 11%.
Median Sold Price Compared To Nearby Cities
Clayton | $587.5K | $683K | +16.3% |
University City | $333.7K | $313.8K | -6.0% |
University Township | $171.6K | $157.9K | -8.0% |
Pagedale | $60K | $43.4K | -27.6% |
Housing Supply in University City, MO
How many homes are available in University City, MO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
85 | 97 | +14.1% |
Summary: The University City real estate market had 97 homes for sale in February 2024, a 14.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 19 | 27 | +42.1% |
3 Bedrooms | 43 | 42 | -2.3% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The University City housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.1%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
22 | 24 | +9.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in University City in February 2024, up by 9.1% month-over-month. Of the 24 sold homes, 33% were sold under asking, 21% were sold at asking, and 46% were sold over asking.
Days on Market for University City, MO
How long does it take to sell a home in University City, MO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
40 Days | 46 Days | +14.2% |
Summary: Homes in University City had an average of 46 days on market in Feb 2024, up by 14.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During February 2024, 24 homes were sold in University City; 58% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.