Is Wright County, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wright County is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Wright County was a Seller's Market.

Key Takeaway

Wright County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Wright County, MO

How much do homes in Wright County, MO cost?

Median Sold Price

$149,100

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$850(+0.6%)

Key Takeaway

Homes in Wright County have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Wright County was $149,100 in May 2024, up 0.6% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $135K$17K
-87.4%
2 $70K$89.5K
+27.9%
3 $158.2K$165K
+4.3%
4 $225K$270K
+20.0%
5+ $350K$357.5K
+2.1%

Summary: Wright County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 87.4%, 2 bedroom homes increased by 27.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Counties

Laclede County
+19.4%
Douglas County
+12.4%
Webster County
+3.9%
Wright County
+0.6%
Texas County
-3.0%

Housing Supply in Wright County, MO

How many homes are available in Wright County, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
87103+18.4%

Summary: The Wright County real estate market had 103 homes for sale in May 2024, a 18.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 42
-50.0%
2 2016
-20.0%
3 4763
+34.0%
4 1215
+25.0%
5+ 47
+75.0%

Summary: The Wright County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 34%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1710-41.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wright County, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Wright County in May 2024, down by 41.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for Wright County, MO

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

Average Sale Time

May 2023May 2024CHANGE
41 Days76 Days+85.8%

Summary: Homes in Wright County had an average of 76 days on market in May 2024, up by 85.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 10 homes were sold in Wright County; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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

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