Is Fulton, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fulton has remained a Seller's Market.
Key Takeaway
Fulton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fulton, MO
How much do homes in Fulton, MO cost?
Median Sold Price
$198,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Fulton have sold for 7% more than they did a year ago.
Summary: The median home sold price in Fulton was $198,000 in May 2024, up 7% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77.7K | $64.2K | -17.4% |
| 2 Bedrooms | $121.2K | $133K | +9.7% |
| 3 Bedrooms | $192.5K | $192.7K | 0.1% |
| 4 Bedrooms | $206K | $307K | +49.0% |
| 5+ Bedrooms | $398K | $317K | -20.4% |
Summary: Fulton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.4%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 49%, and 5+ bedroom homes decreased by 20.4%.
Median Sold Price Compared To Nearby Cities
| West Fulton Township | $167.4K | $182K | +8.7% |
| Fulton | $185K | $198K | +7.0% |
| East Fulton Township | $189.9K | $194.5K | +2.4% |
Housing Supply in Fulton, MO
How many homes are available in Fulton, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 36 | 37 | +2.8% |
Summary: The Fulton real estate market had 37 homes for sale in May 2024, a 2.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Fulton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fulton, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Fulton in May 2024, down by 10.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Fulton, MO
How long does it take to sell a home in Fulton, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 24 Days | 63 Days | +163.0% |
Summary: Homes in Fulton had an average of 63 days on market in May 2024, up by 163% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fulton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 9 homes were sold in Fulton; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.