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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Velda Village Hills is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Velda Village Hills has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Velda Village Hills, MO

How much do homes in Velda Village Hills, MO cost?

Median Sold Price

$120,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$95,500(+389.8%)

Key Takeaway

Homes in Velda Village Hills have sold for 389.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $24.5K$120K
+389.8%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Velda Village Hills housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 389.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Velda Village Hills
+389.8%
Velda City
+66.7%

Housing Supply in Velda Village Hills, MO

How many homes are available in Velda Village Hills, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
330.0%

Summary: The Velda Village Hills real estate market had 3 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Velda Village Hills 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 1 homes were sold or pending in Velda Village Hills in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Velda Village Hills, MO

How long does it take to sell a home in Velda Village Hills, MO?

Average Sale Time

Feb 2024Mar 2024CHANGE
139 Days6 Days-95.7%

Summary: Homes in Velda Village Hills had an average of 6 days on market in Mar 2024, down by 95.7% 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 Velda Village Hills are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Velda Village Hills; 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 25 Days Ago

Newest Listings in Velda Village Hills, MO

Nearby Markets to Velda Village Hills, MO

What housing markets are near Velda Village Hills, MO?