Is Fenton, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$345,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fenton have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Fenton was $345,000 in April 2024, up 9.6% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $193K | $182.5K | -5.4% |
| 3 Bedrooms | $276K | $312K | +13.0% |
| 4 Bedrooms | $397K | $420K | +5.8% |
| 5+ Bedrooms | $406K | $455K | +12.1% |
Summary: Fenton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 12.1%.
Median Sold Price Compared To Nearby Cities
| Fenton | $314.7K | $345K | +9.6% |
| Tesson Ferry Township | $307.8K | $325.2K | +5.7% |
| Sunset Hills | $515.7K | $535.5K | +3.8% |
| Bonhomme Township | $385K | $374.2K | -2.8% |
Housing Supply in Fenton, MO
How many homes are available in Fenton, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 92 | 122 | +32.6% |
Summary: The Fenton real estate market had 122 homes for sale in April 2024, a 32.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 58 | 68 | +17.2% |
| 4 Bedrooms | 27 | 45 | +66.7% |
| 5+ Bedrooms | 0 | 4 | +100.0% |
Summary: The Fenton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 40 | +37.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fenton, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in Fenton in April 2024, up by 37.9% month-over-month. Of the 22 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 14 Days | -8.2% |
Summary: Homes in Fenton had an average of 14 days on market in Apr 2024, down by 8.2% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fenton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 40 homes were sold in Fenton; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.