Mascoutah currently leans toward sellers, with the market gauge signaling a strong seller’s market. Months of supply sits at a tight 1.1, down more than 20 percent from a year ago in this rolling three-month view. Homes are also spending a bit more time on the market than last year, with a median of 26 days, but nearly half are still going under contract within two weeks.
Prices show a mixed pattern compared with the prior year. The typical home value in the latest rolling three months is just under $300,000, slightly lower than a year ago, while the median list price is down more sharply, reflecting sellers moderating their asking prices. Even with softer pricing, homes sold have held steady year over year and pending sales are up, suggesting that buyers are still active and finding opportunities.
Inventory has grown compared with last year, with active listings up about 10 percent, yet demand continues to outpace supply. Only about 30 percent of recent sales closed above list price, a smaller share than last year, and the average sale-to-list ratio is just under 100 percent, indicating many homes sell close to their asking price. This balance of firm demand and somewhat more negotiating room makes it important to have strong local guidance, and Agent Pronto can connect both buyers and sellers with an experienced Mascoutah agent to navigate these conditions.
