Is Fenton, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fenton is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Fenton has remained a Seller's Market.

Key Takeaway

Fenton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fenton, MO

How much do homes in Fenton, MO cost?

Median Sold Price

$340,666

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$10,666(+3.2%)

Key Takeaway

Homes in Fenton have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Fenton was $340,666 in June 2024, up 3.2% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 -$145K
N/A
2 $201.1K$180K
-10.5%
3 $282.5K$305K
+8.0%
4 $403K$415K
+3.0%
5+ $400.5K$510K
+27.3%

Summary: Fenton housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 27.3%.

Median Sold Price Compared To Nearby Cities

Tesson Ferry Township
+5.9%
Fenton
+3.2%
Sunset Hills
+1.8%
Bonhomme Township
-5.1%

Housing Supply in Fenton, MO

How many homes are available in Fenton, MO?

Number of Homes For Sale

May 2024Jun 2024CHANGE
134105-21.6%

Summary: The Fenton real estate market had 105 homes for sale in June 2024, a 21.6% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 10
-100.0%
2 57
+40.0%
3 6747
-29.9%
4 5344
-17.0%
5+ 87
-12.5%

Summary: The Fenton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 29.9%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

May 2024Jun 2024CHANGE
6136-41.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fenton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 36 homes were sold or pending in Fenton in June 2024, down by 41.0% month-over-month. Of the 18 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% 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

Jun 2023Jun 2024CHANGE
15 Days14 Days-10.6%

Summary: Homes in Fenton had an average of 14 days on market in Jun 2024, down by 10.6% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fenton are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 36 homes were sold in Fenton; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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MLS Disclaimers and Copyright

Based on information from Mid America Regional Information System for the period 07/01/2022 - 07/01/2024

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/26/2024, 9:23:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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