Is Eureka, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Eureka has remained a Seller's Market.
Key Takeaway
Eureka is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eureka, MO
How much do homes in Eureka, MO cost?
Median Sold Price
$401,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Eureka have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Eureka was $401,000 in April 2024, up 9.9% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $207.5K | N/A |
| 2 Bedrooms | $265K | $295.8K | +11.6% |
| 3 Bedrooms | $298.9K | $331.2K | +10.8% |
| 4 Bedrooms | $432.4K | $484.5K | +12.0% |
| 5+ Bedrooms | $525K | $575K | +9.5% |
Summary: Eureka 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 11.6%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 9.5%.
Median Sold Price Compared To Nearby Cities
| Eureka | $365K | $401K | +9.9% |
| Meramec Township | $368K | $404.1K | +9.8% |
| Wildwood | $521.4K | $529.2K | +1.5% |
Housing Supply in Eureka, MO
How many homes are available in Eureka, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 54 | 54 | 0.0% |
Summary: The Eureka real estate market had 54 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 27 | 22 | -18.5% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Eureka housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 15 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eureka, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Eureka in April 2024, down by 40.0% month-over-month. Of the 7 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Eureka, MO
How long does it take to sell a home in Eureka, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 62 Days | +16.9% |
Summary: Homes in Eureka had an average of 62 days on market in Apr 2024, up by 16.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eureka are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Eureka; 47% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.