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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wheaton is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Wheaton was a Seller's Market.

Key Takeaway

Wheaton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Wheaton, MO

How much do homes in Wheaton, MO cost?

Median Sold Price

$119,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

-$40,000(-25.2%)

Key Takeaway

Homes in Wheaton have sold for 25.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $159K$119K
-25.2%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Wheaton housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 25.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wheaton
-25.2%
Wheaton Township
-25.2%

Housing Supply in Wheaton, MO

How many homes are available in Wheaton, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
56+20.0%

Summary: The Wheaton real estate market had 6 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Wheaton 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wheaton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Wheaton in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wheaton, MO

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

Average Sale Time

Feb 2024Mar 2024CHANGE
162 Days130 Days-19.8%

Summary: Homes in Wheaton had an average of 130 days on market in Mar 2024, down by 19.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Wheaton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Wheaton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 19 Days Ago

Newest Listings in Wheaton, MO

Nearby Markets to Wheaton, MO