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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walnut Park West is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Walnut Park West has remained a Seller's Market.

Key Takeaway

Walnut Park West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Walnut Park West, MO

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

Median Sold Price

$30,000

$34/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$5,000(-14.3%)

Key Takeaway

Homes in Walnut Park West have sold for 14.3% less than they did a year ago.

Summary: The median home sold price in Walnut Park West was $30,000 in April 2024, down 14.3% from last year, and the median price per square foot was $34.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $11.5K$24K
+108.7%
2 $33.5K$26.6K
-20.5%
3 $39.2K$47.2K
+20.5%
4 $62.5K-
N/A
5+ -$30K
N/A

Summary: Walnut Park West housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 108.7%, 2 bedroom homes decreased by 20.5%, 3 bedroom homes increased by 20.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

North City
+4.4%
North Point
+3.1%
North County
-11.7%
Walnut Park West
-14.3%

Housing Supply in Walnut Park West, MO

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
911+22.2%

Summary: The Walnut Park West real estate market had 11 homes for sale in April 2024, a 22.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 34
+33.3%
3 33
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Walnut Park West housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walnut Park West, 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 Walnut Park West in April 2024, up by 100.0% month-over-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 Walnut Park West, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
54 Days13 Days-75.1%

Summary: Homes in Walnut Park West had an average of 13 days on market in Apr 2024, down by 75.1% compared to 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 Walnut Park West are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Walnut Park West; 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 3 Days Ago

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