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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forsyth is a buyer's market

Buyer's
Market

Difference Since November 2021

Since last year, Forsyth has remained a Buyer's Market.

Key Takeaway

Forsyth is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Forsyth, MO cost?

Median Sold Price

$189,900

-

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$24,900(+15.1%)

Key Takeaway

Homes in Forsyth have sold for 15.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $90K$143.7K
+59.7%
2 $139.5K$169.5K
+21.5%
3 $202K$189.9K
-6.0%
4 $200K$290K
+45.0%
5+ $520K$759K
+46.0%

Median Sold Price Compared To Nearby Cities

Swan Township
+18.5%
Forsyth
+15.1%

How many homes are available in Forsyth, MO?

Number of Homes For Sale

Oct 2022Nov 2022%
23230.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 65
-16.7%
3 109
-10.0%
4 35
+66.7%
5+ 33
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forsyth, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
9 Days32 Days+236.8%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 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 Forsyth has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Forsyth, MO

Homes for sale in Forsyth, MO have reached 23. In November 2022 median list price was $189,900 and the average listing age was 32 days. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 59.7%, 2 bedrooms properties prices increased by 21.5%, prices of 3 bedrooms properties went down by 6%, 4 bedrooms properties became 45% more expensive, the cost of 5 bedrooms properties went up by 46%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 16.7%, 3 bedrooms homes inventory decreased by 10%, the quantity of 4 bedrooms homes went up by 66.7%, 5 bedrooms homes did not move. In November 2022 more than 1 listings in Forsyth, MO were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.

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