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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fordland is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Fordland was a Seller's Market.

Key Takeaway

Fordland is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Fordland, MO

How much do homes in Fordland, MO cost?

Median Sold Price

$294,200

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$37,250(+14.5%)

Key Takeaway

Homes in Fordland have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in Fordland was $294,200 in September 2024, up 14.5% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$267.5K
N/A
2 $101K$241.2K
+138.9%
3 $237K$326.9K
+37.9%
4 $469K$349.9K
-25.4%
5+ $530K$750K
+41.5%

Summary: Fordland housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 138.9%, 3 bedroom homes increased by 37.9%, 4 bedroom homes decreased by 25.4%, and 5+ bedroom homes increased by 41.5%.

Median Sold Price Compared To Nearby Cities

Fordland
+14.5%
Dallas Township
-1.6%

Housing Supply in Fordland, MO

How many homes are available in Fordland, MO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2119-9.5%

Summary: The Fordland real estate market had 19 homes for sale in September 2024, a 9.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 20
-100.0%
2 23
+50.0%
3 1210
-16.7%
4 45
+25.0%
5+ 11
0.0%

Summary: The Fordland housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fordland, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Fordland in September 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fordland, MO

How long does it take to sell a home in Fordland, MO?

Average Sale Time

Sep 2023Sep 2024CHANGE
18 Days63 Days+253.7%

Summary: Homes in Fordland had an average of 63 days on market in Sep 2024, up by 253.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fordland has remained consistent over time.

Summary: During September 2024, 3 homes were sold in Fordland; 0% of homes were sold within 30 days, 100% 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 3 Days Ago

Newest Listings in Fordland, MO

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