Is Webster Groves, 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, Webster Groves has remained a Seller's Market.
Housing Prices in Webster Groves, MO
How much do homes in Webster Groves, MO cost?
Median Sold Price
$401,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Webster Groves was $401,000 in April 2024, up 11.4% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $99K | -34.0% |
2 Bedrooms | $275K | $297K | +8.0% |
3 Bedrooms | $345K | $390K | +13.0% |
4 Bedrooms | $556K | $639K | +14.9% |
5+ Bedrooms | $785.5K | $840K | +6.9% |
Summary: Webster Groves housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Cities
Glendale | $450K | $555K | +23.3% |
Shrewsbury | $245K | $280.2K | +14.4% |
Webster Groves | $360K | $401K | +11.4% |
Jefferson Township | $370.9K | $407.8K | +10.0% |
Housing Supply in Webster Groves, MO
How many homes are available in Webster Groves, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 63 | -4.5% |
Summary: The Webster Groves real estate market had 63 homes for sale in April 2024, a 4.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 23 | 15 | -34.8% |
3 Bedrooms | 20 | 22 | +10.0% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Webster Groves housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 34.8%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 28 | +16.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Webster Groves in April 2024, up by 16.7% month-over-month. Of the 28 sold homes, 36% were sold under asking, 11% were sold at asking, and 54% were sold over asking.
Days on Market for Webster Groves, MO
How long does it take to sell a home in Webster Groves, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 23 Days | +16.0% |
Summary: Homes in Webster Groves had an average of 23 days on market in Apr 2024, up by 16% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Webster Groves; 75% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.