Is Ferguson Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ferguson Township has remained a Seller's Market.
Key Takeaway
Ferguson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ferguson Township, MO
How much do homes in Ferguson Township, MO cost?
Median Sold Price
$115,033
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ferguson Township have sold for 14.8% less than they did a year ago.
Summary: The median home sold price in Ferguson Township was $115,033 in April 2024, down 14.8% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $46.5K | $50K | +7.4% |
| 2 Bedrooms | $94.9K | $70K | -26.3% |
| 3 Bedrooms | $143K | $122.7K | -14.2% |
| 4 Bedrooms | $182.2K | $165K | -9.5% |
| 5+ Bedrooms | $200K | $190K | -5.0% |
Summary: Ferguson Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes decreased by 26.3%, 3 bedroom homes decreased by 14.2%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Cities
| Dellwood | $107K | $104.1K | -2.7% |
| Ferguson Township | $135K | $115K | -14.8% |
| Norwood Township | $78.9K | $65.7K | -16.7% |
| Ferguson | $120K | $95K | -20.8% |
Housing Supply in Ferguson Township, MO
How many homes are available in Ferguson Township, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 154 | 150 | -2.6% |
Summary: The Ferguson Township real estate market had 150 homes for sale in April 2024, a 2.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 38 | 38 | 0.0% |
| 3 Bedrooms | 98 | 94 | -4.1% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Ferguson Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 52 | 38 | -26.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ferguson Township, you could pay more than the asking price. 60.5% of homes here sold above asking price last month.
Summary: A total of 38 homes were sold or pending in Ferguson Township in April 2024, down by 26.9% month-over-month. Of the 38 sold homes, 32% were sold under asking, 8% were sold at asking, and 61% were sold over asking.
Days on Market for Ferguson Township, MO
How long does it take to sell a home in Ferguson Township, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 31 Days | -10.2% |
Summary: Homes in Ferguson Township had an average of 31 days on market in Apr 2024, down by 10.2% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ferguson Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 38 homes were sold in Ferguson Township; 68% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.