Is Weldon Spring, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Weldon Spring was a Buyer's Market.
Housing Prices in Weldon Spring, MO
How much do homes in Weldon Spring, MO cost?
Median Sold Price
$517,500
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Weldon Spring was $517,500 in February 2024, down 10.8% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160.5K | $199K | +24.0% |
2 Bedrooms | $266.2K | $222K | -16.6% |
3 Bedrooms | $434.9K | $510K | +17.3% |
4 Bedrooms | $631K | $752.5K | +19.3% |
5+ Bedrooms | $692.5K | $1.1M | +59.2% |
Summary: Weldon Spring housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24%, 2 bedroom homes decreased by 16.6%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 59.2%.
Median Sold Price Compared To Nearby Cities
Harvester Township | $310K | $330K | +6.5% |
Weldon Spring Township | $349.5K | $371.5K | +6.3% |
Cottleville Township | $369.1K | $389.6K | +5.5% |
Weldon Spring | $580K | $517.5K | -10.8% |
Housing Supply in Weldon Spring, MO
How many homes are available in Weldon Spring, MO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
16 | 21 | +31.3% |
Summary: The Weldon Spring real estate market had 21 homes for sale in February 2024, a 31.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 8 | 6 | -25.0% |
4 Bedrooms | 3 | 9 | +200.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Weldon Spring housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Weldon Spring in February 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Weldon Spring, MO
How long does it take to sell a home in Weldon Spring, MO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
17 Days | 28 Days | +69.1% |
Summary: Homes in Weldon Spring had an average of 28 days on market in Feb 2024, up by 69.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 8 homes were sold in Weldon Spring; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.