Is Dardenne Prairie, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dardenne Prairie is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Dardenne Prairie has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Dardenne Prairie, MO

How much do homes in Dardenne Prairie, MO cost?

Median Sold Price

$440,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,100(+4.8%)

Key Takeaway

Homes in Dardenne Prairie have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Dardenne Prairie was $440,000 in April 2024, up 4.8% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $325K$327K
+0.6%
3 $363K$379.9K
+4.7%
4 $466K$525.9K
+12.9%
5+ $581K$545K
-6.2%

Summary: Dardenne Prairie housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 6.2%.

Median Sold Price Compared To Nearby Cities

Weldon Spring Township
+11.0%
O'Fallon
+8.3%
Dardenne Prairie
+4.8%
Lake Saint Louis
-2.7%
Lake Saint Louis Township
-3.0%

Housing Supply in Dardenne Prairie, MO

How many homes are available in Dardenne Prairie, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3127-12.9%

Summary: The Dardenne Prairie real estate market had 27 homes for sale in April 2024, a 12.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 97
-22.2%
4 1216
+33.3%
5+ 72
-71.4%

Summary: The Dardenne Prairie housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 71.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
195-73.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dardenne Prairie, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Dardenne Prairie in April 2024, down by 73.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Dardenne Prairie, MO

How long does it take to sell a home in Dardenne Prairie, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
16 Days22 Days+34.6%

Summary: Homes in Dardenne Prairie had an average of 22 days on market in Apr 2024, up by 34.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Dardenne Prairie; 80% of homes were sold within 30 days, 20% 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 17 Days Ago

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