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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ferguson Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Ferguson Township, MO

How much do homes in Ferguson Township, MO cost?

Median Sold Price

$120,000

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-4.0%)

Key Takeaway

Homes in Ferguson Township have sold for 4% less than they did a year ago.

Summary: The median home sold price in Ferguson Township was $120,000 in October 2024, down 4% from last year, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $47.2K$60.7K
+28.6%
2 $72.8K$82.5K
+13.2%
3 $130K$126.3K
-2.8%
4 $167.2K$199.9K
+19.6%
5+ $236.5K$150K
-36.6%

Summary: Ferguson Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 13.2%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes decreased by 36.6%.

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 Township, MO

How many homes are available in Ferguson Township, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
144157+9.0%

Summary: The Ferguson Township real estate market had 157 homes for sale in October 2024, a 9.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 3737
0.0%
3 9199
+8.8%
4 1414
0.0%
5+ 25
+150.0%

Summary: The Ferguson Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4228-33.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ferguson Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Ferguson Township in October 2024, down by 33.3% month-over-month. Of the 28 sold homes, 50% were sold under asking, 18% were sold at asking, and 32% were sold over asking.

Days on Market for Ferguson Township, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days42 Days+37.6%

Summary: Homes in Ferguson Township had an average of 42 days on market in Oct 2024, up by 37.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 28 homes were sold in Ferguson Township; 61% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 14% 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 Township, MO

Nearby Markets to Ferguson Township, MO

What housing markets are near Ferguson Township, MO?