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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wentzville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wentzville, MO

How much do homes in Wentzville, MO cost?

Median Sold Price

$367,687

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,329(+0.4%)

Key Takeaway

The sold price of homes in Wentzville has remained the same since last year.

Summary: The median home sold price in Wentzville was $367,687 in October 2024, up 0.4% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $291K-
N/A
2 $240.9K$260K
+7.9%
3 $328K$339.9K
+3.6%
4 $405.7K$427K
+5.2%
5+ $465K$528.7K
+13.7%

Summary: Wentzville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 13.7%.

Median Sold Price Compared To Nearby Cities

Foristell
+5.9%
Wentzville Township
+3.1%
Wentzville
0.4%

Housing Supply in Wentzville, MO

How many homes are available in Wentzville, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
204237+16.2%

Summary: The Wentzville real estate market had 237 homes for sale in October 2024, a 16.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1012
+20.0%
3 104115
+10.6%
4 7493
+25.7%
5+ 1617
+6.3%

Summary: The Wentzville 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 20%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 25.7%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4961+24.5%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wentzville, you may be able to get a good deal. 41% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in Wentzville in October 2024, up by 24.5% month-over-month. Of the 61 sold homes, 41% were sold under asking, 28% were sold at asking, and 31% were sold over asking.

Days on Market for Wentzville, MO

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

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days33 Days-10.1%

Summary: Homes in Wentzville had an average of 33 days on market in Oct 2024, down by 10.1% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 61 homes were sold in Wentzville; 56% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 5% 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 Wentzville, MO

Nearby Markets to Wentzville, MO

What housing markets are near Wentzville, MO?