Is Webster Groves, 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, Webster Groves has remained a Seller's Market.
Housing Prices in Webster Groves, MO
How much do homes in Webster Groves, MO cost?
Median Sold Price
$390,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Webster Groves was $390,000 in March 2024, up 6% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $99K | -34.0% |
2 Bedrooms | $272.4K | $297K | +9.0% |
3 Bedrooms | $350K | $389.9K | +11.4% |
4 Bedrooms | $585K | $642.1K | +9.8% |
5+ Bedrooms | $761K | $840K | +10.4% |
Summary: Webster Groves housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Cities
Glendale | $447.5K | $555K | +24.0% |
Shrewsbury | $255K | $275K | +7.8% |
Webster Groves | $368K | $390K | +6.0% |
Jefferson Township | $379.8K | $400.1K | +5.4% |
Housing Supply in Webster Groves, MO
How many homes are available in Webster Groves, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
57 | 61 | +7.0% |
Summary: The Webster Groves real estate market had 61 homes for sale in March 2024, a 7.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 21 | +16.7% |
3 Bedrooms | 21 | 19 | -9.5% |
4 Bedrooms | 10 | 15 | +50.0% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Webster Groves 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 increased by 16.7%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 23 | +53.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Webster Groves in March 2024, up by 53.3% month-over-month. Of the 23 sold homes, 22% were sold under asking, 22% were sold at asking, and 57% were sold over asking.
Days on Market for Webster Groves, MO
How long does it take to sell a home in Webster Groves, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 24 Days | +28.8% |
Summary: Homes in Webster Groves had an average of 24 days on market in Mar 2024, up by 28.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Webster Groves; 83% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.