Is Fair Grove, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fair Grove has remained a Seller's Market.
Housing Prices in Fair Grove, MO
How much do homes in Fair Grove, MO cost?
Median Sold Price
$267,500
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | - | N/A |
2 Bedrooms | $215K | $178K | -17.2% |
3 Bedrooms | $245.7K | $260K | +5.8% |
4 Bedrooms | $335K | $300K | -10.4% |
5+ Bedrooms | $365K | $570K | +56.2% |
Summary: Fair Grove housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes increased by 56.2%.
Median Sold Price Compared To Nearby Cities
Fair Grove | $245.3K | $267.5K | +9.0% |
Jackson No. 1 Township | $240K | $260K | +8.3% |
Housing Supply in Fair Grove, MO
How many homes are available in Fair Grove, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 10 | -41.2% |
Summary: The Fair Grove real estate market had 10 homes for sale in April 2024, a 41.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 12 | 5 | -58.3% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Fair Grove housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 58.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Fair Grove in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Fair Grove, MO
How long does it take to sell a home in Fair Grove, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 30 Days | +30.2% |
Summary: Homes in Fair Grove had an average of 30 days on market in Apr 2024, up by 30.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Fair Grove; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.