Is Cape Fair, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cape Fair is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Cape Fair was a Seller's Market.

Key Takeaway

Cape Fair is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cape Fair, MO

How much do homes in Cape Fair, MO cost?

Median Sold Price

$402,500

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$76,100(+23.3%)

Key Takeaway

Homes in Cape Fair have sold for 23.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $117.8K$700K
+494.2%
2 $187K$145K
-22.5%
3 $326.4K$345K
+5.7%
4 $335K$525K
+56.7%
5+ $509K$826K
+62.3%

Summary: Cape Fair housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 494.2%, 2 bedroom homes decreased by 22.5%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 56.7%, and 5+ bedroom homes increased by 62.3%.

Median Sold Price Compared To Nearby Cities

Cape Fair
+23.3%
Washington Township
+4.9%

Housing Supply in Cape Fair, MO

How many homes are available in Cape Fair, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2325+8.7%

Summary: The Cape Fair real estate market had 25 homes for sale in April 2024, a 8.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 34
+33.3%
2 55
0.0%
3 67
+16.7%
4 76
-14.3%
5+ 23
+50.0%

Summary: The Cape Fair housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cape Fair, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cape Fair in April 2024, up by 100.0% 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 Cape Fair, MO

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

Average Sale Time

Apr 2023Apr 2024CHANGE
66 Days83 Days+24.6%

Summary: Homes in Cape Fair had an average of 83 days on market in Apr 2024, up by 24.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cape Fair has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Cape Fair; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

Newest Listings in Cape Fair, MO

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