Is Fordland, 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, Fordland has remained a Seller's Market.
Housing Prices in Fordland, MO
How much do homes in Fordland, MO cost?
Median Sold Price
$255,000
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fordland was $255,000 in May 2024, down 20.9% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $275K | N/A |
2 Bedrooms | $100K | $128.5K | +28.5% |
3 Bedrooms | $298.7K | $260K | -13.0% |
4 Bedrooms | $469K | $234.9K | -49.9% |
5+ Bedrooms | $483K | $587.5K | +21.6% |
Summary: Fordland 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 28.5%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 49.9%, and 5+ bedroom homes increased by 21.6%.
Median Sold Price Compared To Nearby Cities
Fordland | $322.4K | $255K | -20.9% |
Green Hill Township | $210K | $156.7K | -25.4% |
Housing Supply in Fordland, MO
How many homes are available in Fordland, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 20 | +25.0% |
Summary: The Fordland real estate market had 20 homes for sale in May 2024, a 25.0% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Fordland 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Fordland in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Fordland, MO
How long does it take to sell a home in Fordland, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
4 Days | 52 Days | +1066.7% |
Summary: Homes in Fordland had an average of 52 days on market in May 2024, up by 1066.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Fordland; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.