Is Wentzville Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Wentzville Township has remained a Seller's Market.
Key Takeaway
Wentzville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wentzville Township, MO
How much do homes in Wentzville Township, MO cost?
Median Sold Price
$364,902
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wentzville Township have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Wentzville Township was $364,902 in March 2024, up 4.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $291K | N/A |
| 2 Bedrooms | $235K | $260K | +10.6% |
| 3 Bedrooms | $323.7K | $330K | +1.9% |
| 4 Bedrooms | $403.9K | $415K | +2.7% |
| 5+ Bedrooms | $500K | $485K | -3.0% |
Summary: Wentzville Township 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 10.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
| Wentzville Township | $349.1K | $364.9K | +4.5% |
| Wentzville | $355.1K | $369.9K | +4.2% |
Housing Supply in Wentzville Township, MO
How many homes are available in Wentzville Township, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 248 | 267 | +7.7% |
Summary: The Wentzville Township real estate market had 267 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 23 | 19 | -17.4% |
| 3 Bedrooms | 123 | 131 | +6.5% |
| 4 Bedrooms | 83 | 91 | +9.6% |
| 5+ Bedrooms | 19 | 26 | +36.8% |
Summary: The Wentzville Township 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 17.4%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 36.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 65 | 78 | +20.0% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wentzville Township, you could pay more than the asking price. 39.7% of homes here sold above asking price last month.
Summary: A total of 78 homes were sold or pending in Wentzville Township in March 2024, up by 20.0% month-over-month. Of the 78 sold homes, 36% were sold under asking, 24% were sold at asking, and 40% were sold over asking.
Days on Market for Wentzville Township, MO
How long does it take to sell a home in Wentzville Township, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 50 Days | 58 Days | +16.2% |
Summary: Homes in Wentzville Township had an average of 58 days on market in Mar 2024, up by 16.2% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wentzville Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 78 homes were sold in Wentzville Township; 51% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.