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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Foristell is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Foristell, MO

How much do homes in Foristell, MO cost?

Median Sold Price

$362,500

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$17,500(+5.1%)

Key Takeaway

Homes in Foristell have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Foristell was $362,500 in May 2024, up 5.1% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 --
N/A
3 $305K$331.2K
+8.6%
4 $415K$429K
+3.4%
5+ $549.5K$510K
-7.2%

Summary: Foristell 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 did not change, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 7.2%.

Median Sold Price Compared To Nearby Cities

Foristell
+21.1%
Foristell
+5.1%
Wentzville
+2.6%

Housing Supply in Foristell, MO

How many homes are available in Foristell, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5362+17.0%

Summary: The Foristell real estate market had 62 homes for sale in May 2024, a 17.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 3336
+9.1%
4 1717
0.0%
5+ 38
+166.7%

Summary: The Foristell 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 100%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 166.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1114+27.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Foristell, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Foristell in May 2024, up by 27.3% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.

Days on Market for Foristell, MO

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

Average Sale Time

May 2023May 2024CHANGE
19 Days43 Days+127.7%

Summary: Homes in Foristell had an average of 43 days on market in May 2024, up by 127.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 14 homes were sold in Foristell; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% 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 10 Days Ago

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