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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ferguson is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Ferguson, MO

How much do homes in Ferguson, MO cost?

Median Sold Price

$110,000

$91/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,000(+7.8%)

Key Takeaway

Homes in Ferguson have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Ferguson was $110,000 in October 2024, up 7.8% from last year, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $33.2K$15K
-54.9%
2 $72K$85K
+18.1%
3 $120K$120K
0.0%
4 $135K$177K
+31.1%
5+ $210K$140K
-33.3%

Summary: Ferguson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.9%, 2 bedroom homes increased by 18.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes decreased by 33.3%.

Median Sold Price Compared To Nearby Cities

Norwood Township
+23.0%
Calverton Park
+9.9%
Ferguson
+7.8%
Ferguson Township
-4.0%
Dellwood
-9.1%

Housing Supply in Ferguson, MO

How many homes are available in Ferguson, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8390+8.4%

Summary: The Ferguson real estate market had 90 homes for sale in October 2024, a 8.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2831
+10.7%
3 4751
+8.5%
4 76
-14.3%
5+ 01
+100.0%

Summary: The Ferguson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
19190.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ferguson, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Ferguson in October 2024, the same as the previous month. Of the 19 sold homes, 53% were sold under asking, 11% were sold at asking, and 37% were sold over asking.

Days on Market for Ferguson, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days38 Days+19.3%

Summary: Homes in Ferguson had an average of 38 days on market in Oct 2024, up by 19.3% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 19 homes were sold in Ferguson; 63% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% 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 16 Days Ago

Newest Listings in Ferguson, MO

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