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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wentzville is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Wentzville, MO

How much do homes in Wentzville, MO cost?

Median Sold Price

$369,975

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$15,475(+4.4%)

Key Takeaway

Homes in Wentzville have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Wentzville was $369,975 in February 2024, up 4.4% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$291K
N/A
2 $218.4K$250K
+14.4%
3 $325K$333.4K
+2.6%
4 $398K$410K
+3.0%
5+ $488.7K$479K
-2.0%

Summary: Wentzville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 2%.

Median Sold Price Compared To Nearby Cities

Wentzville
+4.4%
Wentzville Township
+3.6%
Foristell
-5.5%

Housing Supply in Wentzville, MO

How many homes are available in Wentzville, MO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
163176+8.0%

Summary: The Wentzville real estate market had 176 homes for sale in February 2024, a 8.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 2120
-4.8%
3 7882
+5.1%
4 5361
+15.1%
5+ 1113
+18.2%

Summary: The Wentzville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
3644+22.2%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wentzville, you may be able to get a good deal. 47.7% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in Wentzville in February 2024, up by 22.2% month-over-month. Of the 44 sold homes, 48% were sold under asking, 25% were sold at asking, and 27% were sold over asking.

Days on Market for Wentzville, MO

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

Average Sale Time

Feb 2023Feb 2024CHANGE
45 Days58 Days+29.0%

Summary: Homes in Wentzville had an average of 58 days on market in Feb 2024, up by 29% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 44 homes were sold in Wentzville; 52% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% 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 28 Days Ago

Newest Listings in Wentzville, MO

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