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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Foristell is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Foristell has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Foristell, MO

How much do homes in Foristell, MO cost?

Median Sold Price

$315,000

$182/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$29,900(-8.7%)

Key Takeaway

Homes in Foristell have sold for 8.7% less than they did a month ago.

Summary: The median home sold price in Foristell was $315,000 in March 2024, down 8.7% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $310.2K$301.3K
-2.9%
4 $434.9K$657.5K
+51.2%
5+ $627.9K$495K
-21.2%

Summary: Foristell housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 51.2%, and 5+ bedroom homes decreased by 21.2%.

Housing Supply in Foristell, MO

How many homes are available in Foristell, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3337+12.1%

Summary: The Foristell real estate market had 37 homes for sale in March 2024, a 12.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1927
+42.1%
4 117
-36.4%
5+ 33
0.0%

Summary: The Foristell 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 increased by 42.1%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Foristell, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Foristell in March 2024, up by 28.6% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Foristell, MO

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

Average Sale Time

Feb 2024Mar 2024CHANGE
88 Days84 Days-4.7%

Summary: Homes in Foristell had an average of 84 days on market in Mar 2024, down by 4.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 9 homes were sold in Foristell; 22% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 56% 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 23 Days Ago

Newest Listings in Foristell, MO

Nearby Markets to Foristell, MO

What housing markets are near Foristell, MO?