Is 63005, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63005 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 63005 has remained a Seller's Market.

Key Takeaway

63005 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63005, MO

How much do homes in 63005, MO cost?

Median Sold Price

$809,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,000(+4.0%)

Key Takeaway

Homes in 63005 have sold for 4% more than they did a year ago.

Summary: The median home sold price in 63005 was $809,000 in October 2024, up 4% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$470K
N/A
2 $462.5K$712.5K
+54.1%
3 $565K$685.2K
+21.3%
4 $722.5K$785K
+8.7%
5+ $925K$939K
+1.5%

Summary: 63005 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 54.1%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 1.5%.

Median Sold Price Compared To Nearby Zip Codes

63038
+10.4%
63304
+8.7%
63011
+4.3%
63005
+4.0%

Housing Supply in 63005, MO

How many homes are available in 63005, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
82820.0%

Summary: The 63005 real estate market had 82 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1315
+15.4%
4 3636
0.0%
5+ 3331
-6.1%

Summary: The 63005 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 remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 6.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1821+16.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63005, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 63005 in October 2024, up by 16.7% month-over-month. Of the 21 sold homes, 52% were sold under asking, 19% were sold at asking, and 29% were sold over asking.

Days on Market for 63005, MO

How long does it take to sell a home in 63005, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days44 Days+1.0%

Summary: Homes in 63005 had an average of 44 days on market in Oct 2024, up by 1% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63005 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 21 homes were sold in 63005; 57% of homes were sold within 30 days, 24% 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 14 Days Ago

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