Is Vinita Park, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Vinita Park has remained a Seller's Market.
Key Takeaway
Vinita Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vinita Park, MO
How much do homes in Vinita Park, MO cost?
Median Sold Price
$77,550
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Vinita Park have sold for 24.1% less than they did a year ago.
Summary: The median home sold price in Vinita Park was $77,550 in March 2024, down 24.1% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.7K | $22.5K | -69.1% |
| 2 Bedrooms | $122.4K | $77.5K | -36.7% |
| 3 Bedrooms | $75K | $78.3K | +4.4% |
| 4 Bedrooms | - | $103K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Vinita Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.1%, 2 bedroom homes decreased by 36.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| University Township | $174.5K | $158.2K | -9.4% |
| Vinita Park | $102.2K | $77.5K | -24.1% |
| Hanley Hills | $110K | $65K | -40.9% |
Housing Supply in Vinita Park, MO
How many homes are available in Vinita Park, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Vinita Park real estate market had 4 homes for sale in March 2024, a 33.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Vinita Park 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 decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vinita Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Vinita Park in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Vinita Park, MO
How long does it take to sell a home in Vinita Park, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 93 Days | 168 Days | +79.7% |
Summary: Homes in Vinita Park had an average of 168 days on market in Mar 2024, up by 79.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Vinita Park are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Vinita Park; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.