Is Webster Groves, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Webster Groves is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, Webster Groves has remained a Seller's Market.

Key Takeaway

Webster Groves is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Webster Groves, MO cost?

Median Sold Price

$361,400

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$11,400(+3.3%)

Key Takeaway

Homes in Webster Groves have sold for 3.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $127K$141K
+11.0%
2 $242.7K$274.9K
+13.3%
3 $345K$350K
+1.4%
4 $536K$550K
+2.6%
5+ $755K$755.5K
0.1%

Median Sold Price Compared To Nearby Cities

Shrewsbury
+7.3%
Webster Groves
+3.3%
Glendale
+3.1%
Jefferson Township
+2.4%

How many homes are available in Webster Groves, MO?

Number of Homes For Sale

Dec 2022Jan 2023%
6152-14.8%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 10
-100.0%
2 1313
0.0%
3 2823
-17.9%
4 1311
-15.4%
5+ 65
-16.7%

Number of Homes Sold

Dec 2022Jan 2023%
2613-50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Webster Groves, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.

Average Sale Time

Jan 2022Jan 2023%
43 Days31 Days-27.8%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Webster Groves are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Webster Groves, MO

There are 52 homes are for sale in Webster Groves, MO real estate market. The number of homes for sale in Webster Groves, MO decreased by 14.8% between December 2022 and January 2023. In January 2023, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $361,400. This housing market listing prices have changed between December 2022 and January 2023: the cost of 1 bedroom properties went up by 11%, 2 bedrooms properties became 13.3% more expensive, 3 bedrooms properties prices increased by 1.4%, 4 bedrooms properties prices increased by 2.6%, the cost of 5 bedrooms properties went up by 0.1%. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 100%, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes decreased by 17.9%, 4 bedrooms homes inventory decreased by 15.4%, the quantity of 5 bedrooms homes went down by 16.7%. In January 2023, from all listings sold in Webster Groves, MO there were more than 7 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price.

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