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 November 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

$823,750

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,250(+6.1%)

Key Takeaway

Homes in 63005 have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in 63005 was $823,750 in November 2024, up 6.1% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$470K
N/A
2 $481.2K$850K
+76.6%
3 $595K$674.2K
+13.3%
4 $720K$790K
+9.7%
5+ $927.5K$927K
-0.1%

Summary: 63005 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 76.6%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 0.1%.

Median Sold Price Compared To Nearby Zip Codes

63038
+8.7%
63304
+8.4%
63005
+6.1%
63011
+4.8%

Housing Supply in 63005, MO

How many homes are available in 63005, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8067-16.3%

Summary: The 63005 real estate market had 67 homes for sale in November 2024, a 16.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1412
-14.3%
4 3831
-18.4%
5+ 2823
-17.9%

Summary: The 63005 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes decreased by 17.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2217-22.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 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. 47.1% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 63005 in November 2024, down by 22.7% month-over-month. Of the 17 sold homes, 47% were sold under asking, 18% were sold at asking, and 35% 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

Nov 2023Nov 2024CHANGE
20 Days24 Days+16.2%

Summary: Homes in 63005 had an average of 24 days on market in Nov 2024, up by 16.2% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 17 homes were sold in 63005; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% 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 17 Days Ago

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