Is Fair Grove, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Fair Grove has remained a Seller's Market.
Housing Prices in Fair Grove, MO
How much do homes in Fair Grove, MO cost?
Median Sold Price
$259,900
-
Based on all homes sold in the last 12 months.
Difference Since March 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | - | N/A |
2 Bedrooms | $215K | $178K | -17.2% |
3 Bedrooms | $245K | $257K | +4.9% |
4 Bedrooms | $335K | $285K | -14.9% |
5+ Bedrooms | $459K | $570K | +24.2% |
Summary: Fair Grove housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes increased by 24.2%.
Median Sold Price Compared To Nearby Cities
Jackson No. 1 Township | $238.7K | $255.9K | +7.2% |
Fair Grove | $245K | $259.9K | +6.1% |
Housing Supply in Fair Grove, MO
How many homes are available in Fair Grove, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 19 | +5.6% |
Summary: The Fair Grove real estate market had 19 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Fair Grove housing inventory by bedroom type for March 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 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Fair Grove in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Fair Grove, MO
How long does it take to sell a home in Fair Grove, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 99 Days | +118.4% |
Summary: Homes in Fair Grove had an average of 99 days on market in Mar 2024, up by 118.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Fair Grove; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.