$2,494 Closing Credit*
$210,000
1,196 SqFt
3 Beds
•2 Full Baths
Angie Enochs, Listing Office: RE/MAX Boone Realty
Is Fayette, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fayette was a Seller's Market.
Key Takeaway
Fayette is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Fayette, MO
How much do homes in Fayette, MO cost?
Median Sold Price
$331,050
$121/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$66,050(+24.9%)
Key Takeaway
Homes in Fayette have sold for 24.9% more than they did a month ago.
Summary: The median home sold price in Fayette was $331,050 in November 2024, up 24.9% from last month, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $59.5K | - | N/A |
| 3 Bedrooms | $265K | - | N/A |
| 4 Bedrooms | $344K | $331K | -3.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Fayette housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Richmond Township | $59.5K | $331K | +456.3% |
| Fayette | $265K | $331K | +24.9% |
Housing Supply in Fayette, MO
How many homes are available in Fayette, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Fayette real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Fayette housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fayette, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Fayette in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Fayette, MO
How long does it take to sell a home in Fayette, MO?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 12 Days | -51.4% |
Summary: Homes in Fayette had an average of 12 days on market in Nov 2024, down by 51.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fayette are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Fayette; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
