Is Ferguson Township, 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, Ferguson Township has remained a Seller's Market.
Housing Prices in Ferguson Township, MO
How much do homes in Ferguson Township, MO cost?
Median Sold Price
$119,900
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ferguson Township was $119,900 in March 2024, down 11.2% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45.9K | $51K | +11.1% |
2 Bedrooms | $92.5K | $66.5K | -28.1% |
3 Bedrooms | $138.8K | $124.9K | -10.0% |
4 Bedrooms | $185.5K | $170K | -8.4% |
5+ Bedrooms | $215K | $235K | +9.3% |
Summary: Ferguson Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 28.1%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Cities
Dellwood | $111.9K | $101.5K | -9.3% |
Ferguson Township | $135K | $119.9K | -11.2% |
Ferguson | $115K | $97.5K | -15.2% |
Norwood Township | $78.3K | $65K | -17.0% |
Housing Supply in Ferguson Township, MO
How many homes are available in Ferguson Township, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
164 | 155 | -5.5% |
Summary: The Ferguson Township real estate market had 155 homes for sale in March 2024, a 5.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 40 | 38 | -5.0% |
3 Bedrooms | 101 | 100 | -1.0% |
4 Bedrooms | 19 | 15 | -21.1% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Ferguson Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 51 | +4.1% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in Ferguson Township in March 2024, up by 4.1% month-over-month. Of the 51 sold homes, 53% were sold under asking, 24% were sold at asking, and 24% were sold over asking.
Days on Market for Ferguson Township, MO
How long does it take to sell a home in Ferguson Township, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 49 Days | +6.7% |
Summary: Homes in Ferguson Township had an average of 49 days on market in Mar 2024, up by 6.7% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 51 homes were sold in Ferguson Township; 57% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.