Is Wentzville, 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, Wentzville has remained a Seller's Market.
Key Takeaway
Wentzville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wentzville, MO
How much do homes in Wentzville, MO cost?
Median Sold Price
$369,179
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Wentzville have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Wentzville was $369,179 in April 2024, up 3.4% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $291K | N/A |
| 2 Bedrooms | $217K | $260K | +19.8% |
| 3 Bedrooms | $325K | $335K | +3.1% |
| 4 Bedrooms | $398.5K | $415K | +4.1% |
| 5+ Bedrooms | $500K | $485K | -3.0% |
Summary: Wentzville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
| Wentzville Township | $349.6K | $363.9K | +4.1% |
| Wentzville | $357K | $369.1K | +3.4% |
| Foristell | $360.9K | $349.9K | -3.0% |
Housing Supply in Wentzville, MO
How many homes are available in Wentzville, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 198 | 200 | +1.0% |
Summary: The Wentzville real estate market had 200 homes for sale in April 2024, a 1.0% increase 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 | 17 | 21 | +23.5% |
| 3 Bedrooms | 97 | 94 | -3.1% |
| 4 Bedrooms | 66 | 65 | -1.5% |
| 5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The Wentzville 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 increased by 23.5%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 67 | 54 | -19.4% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wentzville, you could pay more than the asking price. 40.7% of homes here sold above asking price last month.
Summary: A total of 54 homes were sold or pending in Wentzville in April 2024, down by 19.4% month-over-month. Of the 54 sold homes, 37% were sold under asking, 22% were sold at asking, and 41% were sold over asking.
Days on Market for Wentzville, MO
How long does it take to sell a home in Wentzville, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 20 Days | -25.8% |
Summary: Homes in Wentzville had an average of 20 days on market in Apr 2024, down by 25.8% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wentzville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 54 homes were sold in Wentzville; 74% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.