Is Weldon Spring, 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, Weldon Spring has remained a Seller's Market.
Key Takeaway
Weldon Spring is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Weldon Spring, MO
How much do homes in Weldon Spring, MO cost?
Median Sold Price
$525,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Weldon Spring have sold for 9.2% less than they did a year ago.
Summary: The median home sold price in Weldon Spring was $525,000 in April 2024, down 9.2% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $153K | $199K | +30.1% |
| 2 Bedrooms | $224.5K | $227K | +1.1% |
| 3 Bedrooms | $434.9K | $485K | +11.5% |
| 4 Bedrooms | $631K | $729K | +15.5% |
| 5+ Bedrooms | $692.5K | $929.5K | +34.2% |
Summary: Weldon Spring housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.1%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 34.2%.
Median Sold Price Compared To Nearby Cities
| Weldon Spring Township | $349.5K | $388K | +11.0% |
| Harvester Township | $311.2K | $341.9K | +9.8% |
| Cottleville | $380K | $412K | +8.4% |
| Cottleville Township | $374K | $396.5K | +6.0% |
| Weldon Spring | $578K | $525K | -9.2% |
Housing Supply in Weldon Spring, MO
How many homes are available in Weldon Spring, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 20 | +33.3% |
Summary: The Weldon Spring real estate market had 20 homes for sale in April 2024, a 33.3% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Weldon Spring 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 decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Weldon Spring, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Weldon Spring in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Weldon Spring, MO
How long does it take to sell a home in Weldon Spring, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 7 Days | 13 Days | +79.2% |
Summary: Homes in Weldon Spring had an average of 13 days on market in Apr 2024, up by 79.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Weldon Spring are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Weldon Spring; 86% of homes were sold within 30 days, 14% 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.