Is Valley Park, 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, Valley Park has remained a Seller's Market.
Key Takeaway
Valley Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Valley Park, MO
How much do homes in Valley Park, MO cost?
Median Sold Price
$265,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Valley Park have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Valley Park was $265,000 in May 2024, up 3.5% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $150K | N/A |
| 2 Bedrooms | $178.2K | $156K | -12.5% |
| 3 Bedrooms | $264.7K | $310K | +17.1% |
| 4 Bedrooms | $338K | $400K | +18.3% |
| 5+ Bedrooms | $406K | $800K | +97.0% |
Summary: Valley Park 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 decreased by 12.5%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 97%.
Median Sold Price Compared To Nearby Cities
| Queeny Township | $296.5K | $328.7K | +10.9% |
| Manchester | $320K | $350K | +9.4% |
| Valley Park | $256K | $265K | +3.5% |
| Bonhomme Township | $388.1K | $375.1K | -3.4% |
Housing Supply in Valley Park, MO
How many homes are available in Valley Park, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Valley Park real estate market had 16 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Valley Park 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 decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Valley Park, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Valley Park in May 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Valley Park, MO
How long does it take to sell a home in Valley Park, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 2 Days | 5 Days | +97.1% |
Summary: Homes in Valley Park had an average of 5 days on market in May 2024, up by 97.1% compared to last year.
Breakdown of Home Sale Times
3 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 Valley Park are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Valley Park; 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.