Is Saint Peters, 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, Saint Peters has remained a Seller's Market.
Key Takeaway
Saint Peters is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Peters, MO
How much do homes in Saint Peters, MO cost?
Median Sold Price
$299,600
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Saint Peters have sold for 7% more than they did a year ago.
Summary: The median home sold price in Saint Peters was $299,600 in April 2024, up 7% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129.9K | $155K | +19.3% |
| 2 Bedrooms | $179K | $193K | +7.8% |
| 3 Bedrooms | $285K | $305K | +7.0% |
| 4 Bedrooms | $353.8K | $380K | +7.4% |
| 5+ Bedrooms | $334K | $452.5K | +35.5% |
Summary: Saint Peters housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.3%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 35.5%.
Median Sold Price Compared To Nearby Cities
| Saint Peters Township | $285K | $315K | +10.5% |
| Cottleville | $380K | $412K | +8.4% |
| Saint Peters | $279.9K | $299.6K | +7.0% |
| Cottleville Township | $374K | $396.5K | +6.0% |
| Spencer Creek Township | $270K | $283.5K | +5.0% |
Housing Supply in Saint Peters, MO
How many homes are available in Saint Peters, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 132 | 163 | +23.5% |
Summary: The Saint Peters real estate market had 163 homes for sale in April 2024, a 23.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 39 | 43 | +10.3% |
| 3 Bedrooms | 67 | 83 | +23.9% |
| 4 Bedrooms | 19 | 34 | +78.9% |
| 5+ Bedrooms | 5 | 1 | -80.0% |
Summary: The Saint Peters 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 10.3%, 3 bedroom homes increased by 23.9%, 4 bedroom homes increased by 78.9%, and 5+ bedroom homes decreased by 80%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 49 | 57 | +16.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Peters, you could pay more than the asking price. 64.9% of homes here sold above asking price last month.
Summary: A total of 57 homes were sold or pending in Saint Peters in April 2024, up by 16.3% month-over-month. Of the 57 sold homes, 21% were sold under asking, 14% were sold at asking, and 65% were sold over asking.
Days on Market for Saint Peters, MO
How long does it take to sell a home in Saint Peters, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 7 Days | 10 Days | +28.7% |
Summary: Homes in Saint Peters had an average of 10 days on market in Apr 2024, up by 28.7% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Peters are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 57 homes were sold in Saint Peters; 88% of homes were sold within 30 days, 12% 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.