Is Walnut Park East, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walnut Park East is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Walnut Park East has remained a Buyer's Market.

Key Takeaway

Walnut Park East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Walnut Park East, MO

How much do homes in Walnut Park East, MO cost?

Median Sold Price

$23,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$15,000(-39.5%)

Key Takeaway

Homes in Walnut Park East have sold for 39.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$2.5K
N/A
2 -$25.7K
N/A
3 $38K-
N/A
4 --
N/A
5+ --
N/A

Summary: Walnut Park East housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 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 Neighborhoods

Mark Twain
-39.0%
Walnut Park East
-39.5%

Housing Supply in Walnut Park East, MO

How many homes are available in Walnut Park East, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1924+26.3%

Summary: The Walnut Park East real estate market had 24 homes for sale in April 2024, a 26.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 56
+20.0%
2 912
+33.3%
3 45
+25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Walnut Park East housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walnut Park East, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Walnut Park East in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Walnut Park East, MO

How long does it take to sell a home in Walnut Park East, MO?

Average Sale Time

Mar 2024Apr 2024CHANGE
47 Days101 Days+114.9%

Summary: Homes in Walnut Park East had an average of 101 days on market in Apr 2024, up by 114.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Walnut Park East are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Walnut Park East; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 22 Days Ago

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