Is Fenton, 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, Fenton has remained a Seller's Market.
Housing Prices in Fenton, MO
How much do homes in Fenton, MO cost?
Median Sold Price
$345,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fenton was $345,000 in May 2024, up 5.3% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $145K | N/A |
2 Bedrooms | $183K | $185K | +1.1% |
3 Bedrooms | $278.5K | $311.1K | +11.7% |
4 Bedrooms | $399.9K | $425K | +6.3% |
5+ Bedrooms | $406K | $467.5K | +15.1% |
Summary: Fenton 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 1.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Cities
Tesson Ferry Township | $311K | $330K | +6.1% |
Fenton | $327.5K | $345K | +5.3% |
Bonhomme Township | $388.1K | $375.1K | -3.4% |
Sunset Hills | $540K | $513.5K | -4.9% |
Housing Supply in Fenton, MO
How many homes are available in Fenton, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
125 | 126 | +0.8% |
Summary: The Fenton real estate market had 126 homes for sale in May 2024, a 0.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 73 | 62 | -15.1% |
4 Bedrooms | 43 | 51 | +18.6% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Fenton 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 25%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 56 | +30.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in Fenton in May 2024, up by 30.2% month-over-month. Of the 26 sold homes, 35% were sold under asking, 0% were sold at asking, and 65% were sold over asking.
Days on Market for Fenton, MO
How long does it take to sell a home in Fenton, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 14 Days | -66.7% |
Summary: Homes in Fenton had an average of 14 days on market in May 2024, down by 66.7% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 56 homes were sold in Fenton; 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.