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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wentzville Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Wentzville Township, MO

How much do homes in Wentzville Township, MO cost?

Median Sold Price

$365,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$12,736(+3.6%)

Key Takeaway

Homes in Wentzville Township have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Wentzville Township was $365,000 in September 2024, up 3.6% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $291K-
N/A
2 $242.2K$265K
+9.4%
3 $315K$339.9K
+7.9%
4 $410K$427K
+4.2%
5+ $479K$510K
+6.5%

Summary: Wentzville Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Cities

Wentzville Township
+3.6%
Wentzville
-0.1%

Housing Supply in Wentzville Township, MO

How many homes are available in Wentzville Township, MO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
275287+4.4%

Summary: The Wentzville Township real estate market had 287 homes for sale in September 2024, a 4.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1319
+46.2%
3 145149
+2.8%
4 9398
+5.4%
5+ 2421
-12.5%

Summary: The Wentzville Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
8858-34.1%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

18 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 Township, you may be able to get a good deal. 36.2% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in Wentzville Township in September 2024, down by 34.1% month-over-month. Of the 58 sold homes, 36% were sold under asking, 31% were sold at asking, and 33% were sold over asking.

Days on Market for Wentzville Township, MO

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

Average Sale Time

Sep 2023Sep 2024CHANGE
30 Days29 Days-3.8%

Summary: Homes in Wentzville Township had an average of 29 days on market in Sep 2024, down by 3.8% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 58 homes were sold in Wentzville Township; 60% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 3% 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 30 Days Ago

Newest Listings in Wentzville Township, MO

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