Is Weldon Spring, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weldon Spring is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Weldon Spring was a Buyer's Market.

Key Takeaway

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

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

-$62,500(-10.8%)

Key Takeaway

Homes in Weldon Spring have sold for 10.8% less than they did a year ago.

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

# BEDSFeb 2023Feb 2024CHANGE
1 $160.5K$199K
+24.0%
2 $266.2K$222K
-16.6%
3 $434.9K$510K
+17.3%
4 $631K$752.5K
+19.3%
5+ $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
+6.5%
Weldon Spring Township
+6.3%
Cottleville Township
+5.5%
Weldon Spring
-10.8%

Housing Supply in Weldon Spring, MO

How many homes are available in Weldon Spring, MO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1621+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

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 86
-25.0%
4 39
+200.0%
5+ 35
+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 2024Feb 2024CHANGE
58+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Weldon Spring, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

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 2023Feb 2024CHANGE
17 Days28 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 28 Days Ago

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