Is University Heights, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing University Heights is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, University Heights has remained a Seller's Market.

Key Takeaway

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

Housing Prices in University Heights, MO

How much do homes in University Heights, MO cost?

Median Sold Price

$248,750

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,750(+3.6%)

Key Takeaway

Homes in University Heights have sold for 3.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $124.9K$99.9K
-20.0%
2 $175K$195K
+11.4%
3 $277K$220K
-20.6%
4 $349.5K$366.5K
+4.9%
5+ -$602K
N/A

Summary: University Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 11.4%, 3 bedroom homes decreased by 20.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

University Heights
+3.6%
Delaware
-4.4%

Housing Supply in University Heights, MO

How many homes are available in University Heights, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
11110.0%

Summary: The University Heights real estate market had 11 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 11
0.0%
3 57
+40.0%
4 42
-50.0%
5+ 00
0.0%

Summary: The University Heights 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in University Heights, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in University Heights in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for University Heights, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
2 Days2 Days0.0%

Summary: Homes in University Heights had an average of 2 days on market in Apr 2024, the same as last year.

Breakdown of Home Sale Times

2 Homes Were 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 University Heights are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in University Heights; 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 18 Days Ago

Newest Listings in University Heights, MO

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