Is Saint Peters Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Peters Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Saint Peters Township has remained a Seller's Market.

Key Takeaway

Saint Peters Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Saint Peters Township, MO

How much do homes in Saint Peters Township, MO cost?

Median Sold Price

$315,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$30,000(+10.5%)

Key Takeaway

Homes in Saint Peters Township have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in Saint Peters Township was $315,000 in April 2024, up 10.5% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $165K-
N/A
2 $185K$225K
+21.6%
3 $285K$308.5K
+8.3%
4 $321K$351K
+9.3%
5+ $358.5K$360.7K
+0.6%

Summary: Saint Peters Township 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 21.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Cities

Saint Peters Township
+10.5%
Harvester Township
+9.8%
Saint Peters
+7.0%
Cottleville Township
+6.0%
Spencer Creek Township
+5.0%

Housing Supply in Saint Peters Township, MO

How many homes are available in Saint Peters Township, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3747+27.0%

Summary: The Saint Peters Township real estate market had 47 homes for sale in April 2024, a 27.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 15
+400.0%
3 2429
+20.8%
4 913
+44.4%
5+ 30
-100.0%

Summary: The Saint Peters Township 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 400%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1317+30.8%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Peters Township, you could pay more than the asking price. 76.5% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Saint Peters Township in April 2024, up by 30.8% month-over-month. Of the 17 sold homes, 18% were sold under asking, 6% were sold at asking, and 76% were sold over asking.

Days on Market for Saint Peters Township, MO

How long does it take to sell a home in Saint Peters Township, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
13 Days20 Days+47.7%

Summary: Homes in Saint Peters Township had an average of 20 days on market in Apr 2024, up by 47.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint Peters Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 17 homes were sold in Saint Peters Township; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% 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

Newest Listings in Saint Peters Township, MO

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