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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fordland is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Fordland, MO

How much do homes in Fordland, MO cost?

Median Sold Price

$250,000

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$48,750(-16.3%)

Key Takeaway

Homes in Fordland have sold for 16.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $107.9K$128.5K
+19.0%
3 $298.7K$249.5K
-16.5%
4 $504.5K$299.9K
-40.5%
5+ $348K$635K
+82.5%

Summary: Fordland 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 increased by 19%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes decreased by 40.5%, and 5+ bedroom homes increased by 82.5%.

Housing Supply in Fordland, MO

How many homes are available in Fordland, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1614-12.5%

Summary: The Fordland real estate market had 14 homes for sale in March 2024, a 12.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 76
-14.3%
4 33
0.0%
5+ 32
-33.3%

Summary: The Fordland 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 decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
550.0%

Asking Price vs. Sold Price

4 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 5 homes were sold or pending in Fordland in March 2024, the same as the previous month. Of the 4 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

Mar 2023Mar 2024CHANGE
24 Days89 Days+273.3%

Summary: Homes in Fordland had an average of 89 days on market in Mar 2024, up by 273.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Fordland are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 5 homes were sold in Fordland; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% 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 18 Days Ago

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