Is Grover, 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, Grover has remained a Seller's Market.
Key Takeaway
Grover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grover, MO
How much do homes in Grover, MO cost?
Median Sold Price
$425,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Grover have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Grover was $425,000 in April 2024, up 3.7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $215K | N/A |
| 2 Bedrooms | $160K | $170K | +6.3% |
| 3 Bedrooms | $395K | $397.5K | +0.6% |
| 4 Bedrooms | $445K | $499K | +12.1% |
| 5+ Bedrooms | $515K | $524.3K | +1.8% |
Summary: Grover 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 6.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
| Wildhorse Township | $360.3K | $382.4K | +6.1% |
| Chesterfield Township | $550K | $575.2K | +4.6% |
| Grover | $410K | $425K | +3.7% |
| Wildwood | $521.4K | $529.2K | +1.5% |
| Glencoe | $630K | $605K | -4.0% |
Housing Supply in Grover, MO
How many homes are available in Grover, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 43 | +79.2% |
Summary: The Grover real estate market had 43 homes for sale in April 2024, a 79.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 6 | 14 | +133.3% |
| 5+ Bedrooms | 0 | 5 | +100.0% |
Summary: The Grover 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 increased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grover, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Grover in April 2024, up by 166.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Grover, MO
How long does it take to sell a home in Grover, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 16 Days | -22.7% |
Summary: Homes in Grover had an average of 16 days on market in Apr 2024, down by 22.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grover are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Grover; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.