Is Saint Peters Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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 May 2023
Key Takeaway
Homes in Saint Peters Township have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Saint Peters Township was $315,000 in May 2024, up 10.4% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | - | N/A |
| 2 Bedrooms | $178K | $225K | +26.4% |
| 3 Bedrooms | $285K | $310K | +8.8% |
| 4 Bedrooms | $321K | $353K | +10.0% |
| 5+ Bedrooms | $352.5K | $370K | +5.0% |
Summary: Saint Peters Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
| Harvester Township | $311.7K | $352.5K | +13.1% |
| Saint Peters Township | $285.2K | $315K | +10.4% |
| Saint Peters | $279K | $300K | +7.5% |
| Cottleville Township | $372.5K | $396.5K | +6.4% |
| Spencer Creek Township | $268K | $285K | +6.3% |
Housing Supply in Saint Peters Township, MO
How many homes are available in Saint Peters Township, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 44 | 49 | +11.4% |
Summary: The Saint Peters Township real estate market had 49 homes for sale in May 2024, a 11.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 28 | 30 | +7.1% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Saint Peters Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Peters Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Saint Peters Township in May 2024, down by 11.8% month-over-month. Of the 15 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 5 Days | -51.7% |
Summary: Homes in Saint Peters Township had an average of 5 days on market in May 2024, down by 51.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Peters Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 15 homes were sold in Saint Peters Township; 100% of homes were sold within 30 days, 0% 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.