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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fenton is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Fenton has remained a Seller's Market.

Key Takeaway

Fenton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fenton, MO

How much do homes in Fenton, MO cost?

Median Sold Price

$345,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$17,500(+5.3%)

Key Takeaway

Homes in Fenton have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Fenton was $345,000 in May 2024, up 5.3% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$145K
N/A
2 $183K$185K
+1.1%
3 $278.5K$311.1K
+11.7%
4 $399.9K$425K
+6.3%
5+ $406K$467.5K
+15.1%

Summary: Fenton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 15.1%.

Median Sold Price Compared To Nearby Cities

Tesson Ferry Township
+6.1%
Fenton
+5.3%
Bonhomme Township
-3.4%
Sunset Hills
-4.9%

Housing Supply in Fenton, MO

How many homes are available in Fenton, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
125126+0.8%

Summary: The Fenton real estate market had 126 homes for sale in May 2024, a 0.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 7362
-15.1%
4 4351
+18.6%
5+ 47
+75.0%

Summary: The Fenton 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 increased by 25%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Apr 2024May 2024CHANGE
4356+30.2%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fenton, you could pay more than the asking price. 65.4% of homes here sold above asking price last month.

Summary: A total of 56 homes were sold or pending in Fenton in May 2024, up by 30.2% month-over-month. Of the 26 sold homes, 35% were sold under asking, 0% were sold at asking, and 65% were sold over asking.

Days on Market for Fenton, MO

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

Average Sale Time

May 2023May 2024CHANGE
43 Days14 Days-66.7%

Summary: Homes in Fenton had an average of 14 days on market in May 2024, down by 66.7% compared to last year.

Breakdown of Home Sale Times

48 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 56 homes were sold in Fenton; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Fenton, MO

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