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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fulton is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Fulton, MO

How much do homes in Fulton, MO cost?

Median Sold Price

$198,950

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,450(+7.8%)

Key Takeaway

Homes in Fulton have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Fulton was $198,950 in March 2024, up 7.8% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $84K$64.2K
-23.5%
2 $109K$134K
+22.9%
3 $187.4K$194.7K
+3.9%
4 $209.9K$305K
+45.3%
5+ $322K$330K
+2.5%

Summary: Fulton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.5%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 45.3%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Cities

West Fulton Township
+12.2%
Fulton
+7.8%
East Fulton Township
+6.6%

Housing Supply in Fulton, MO

How many homes are available in Fulton, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4542-6.7%

Summary: The Fulton real estate market had 42 homes for sale in March 2024, a 6.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 109
-10.0%
3 1919
0.0%
4 109
-10.0%
5+ 54
-20.0%

Summary: The Fulton 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 decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fulton, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Fulton in March 2024, up by 50.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Fulton, MO

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

Average Sale Time

Mar 2023Mar 2024CHANGE
30 Days39 Days+26.9%

Summary: Homes in Fulton had an average of 39 days on market in Mar 2024, up by 26.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fulton are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 12 homes were sold in Fulton; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 22 Days Ago

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