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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wheatland is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Wheatland was a Seller's Market.

Key Takeaway

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

Housing Prices in Wheatland, MO

How much do homes in Wheatland, MO cost?

Median Sold Price

$142,450

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$27,450(+23.9%)

Key Takeaway

Homes in Wheatland have sold for 23.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $77.5K$75K
-3.2%
2 $71K$125K
+76.1%
3 $140K$170.5K
+21.8%
4 $172K-
N/A
5+ $249.9K-
N/A

Summary: Wheatland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 76.1%, 3 bedroom homes increased by 21.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wheatland
+23.9%
Wheatland Township
+21.1%

Housing Supply in Wheatland, MO

How many homes are available in Wheatland, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2123+9.5%

Summary: The Wheatland real estate market had 23 homes for sale in April 2024, a 9.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 20
-100.0%
2 69
+50.0%
3 129
-25.0%
4 15
+400.0%
5+ 00
0.0%

Summary: The Wheatland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 400%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wheatland, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Wheatland in April 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Wheatland, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
22 Days137 Days+515.7%

Summary: Homes in Wheatland had an average of 137 days on market in Apr 2024, up by 515.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wheatland has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Wheatland; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 12 Days Ago

Newest Listings in Wheatland, MO

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