Is Cape Fair, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Cape Fair was a Neutral Market.
Key Takeaway
Cape Fair is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cape Fair, MO
How much do homes in Cape Fair, MO cost?
Median Sold Price
$402,500
-
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Cape Fair have sold for 34.4% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.8K | $700K | +494.2% |
| 2 Bedrooms | $136.2K | $197K | +44.6% |
| 3 Bedrooms | $293K | $401.2K | +36.9% |
| 4 Bedrooms | $335K | $474.9K | +41.8% |
| 5+ Bedrooms | - | $667.5K | N/A |
Summary: Cape Fair housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 494.2%, 2 bedroom homes increased by 44.6%, 3 bedroom homes increased by 36.9%, 4 bedroom homes increased by 41.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Washington Township | $200K | $274.5K | +37.3% |
| Cape Fair | $299.5K | $402.5K | +34.4% |
Housing Supply in Cape Fair, MO
How many homes are available in Cape Fair, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 27 | +35.0% |
Summary: The Cape Fair real estate market had 27 homes for sale in March 2024, a 35.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Cape Fair housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cape Fair, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Cape Fair in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cape Fair, MO
How long does it take to sell a home in Cape Fair, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 95 Days | 100 Days | +5.3% |
Summary: Homes in Cape Fair had an average of 100 days on market in Mar 2024, up by 5.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Cape Fair are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 1 homes were sold in Cape Fair; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.