Is Wright County, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wright County is a neutral's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

Wright County 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 Wright County, MO

How much do homes in Wright County, MO cost?

Median Sold Price

$148,100

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$1,400(-0.9%)

Key Takeaway

Homes in Wright County have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in Wright County was $148,100 in February 2024, down 0.9% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $139.9K$79.6K
-43.1%
2 $71.4K$82.5K
+15.5%
3 $160K$157.4K
-1.6%
4 $232.5K$270K
+16.1%
5+ $347.5K$445K
+28.1%

Summary: Wright County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.1%, 2 bedroom homes increased by 15.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 28.1%.

Median Sold Price Compared To Nearby Counties

Douglas County
+35.2%
Laclede County
+20.6%
Webster County
+6.7%
Texas County
+0.7%
Wright County
-0.9%

Housing Supply in Wright County, MO

How many homes are available in Wright County, MO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5969+16.9%

Summary: The Wright County real estate market had 69 homes for sale in February 2024, a 16.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 1011
+10.0%
3 3340
+21.2%
4 1213
+8.3%
5+ 23
+50.0%

Summary: The Wright County 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 increased by 10%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

9 Homes Were 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 Wright County, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Wright County in February 2024, down by 15.4% month-over-month. Of the 10 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% were sold over asking.

Days on Market for Wright County, MO

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

Average Sale Time

Feb 2023Feb 2024CHANGE
50 Days73 Days+47.0%

Summary: Homes in Wright County had an average of 73 days on market in Feb 2024, up by 47% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 11 homes were sold in Wright County; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% 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 Wright County, MO

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