Is 63011, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63011 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 63011 has remained a Seller's Market.

Key Takeaway

63011 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63011, MO

How much do homes in 63011, MO cost?

Median Sold Price

$424,986

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,436(+4.8%)

Key Takeaway

Homes in 63011 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 63011 was $424,986 in November 2024, up 4.8% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K$180K
+20.0%
2 $215K$205K
-4.7%
3 $361K$365K
+1.1%
4 $455K$471.2K
+3.6%
5+ $475K$505K
+6.3%

Summary: 63011 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Zip Codes

63038
+8.7%
63017
+6.6%
63021
+6.3%
63011
+4.8%
63040
+4.0%

Housing Supply in 63011, MO

How many homes are available in 63011, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10095-5.0%

Summary: The 63011 real estate market had 95 homes for sale in November 2024, a 5.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 512
+140.0%
3 4331
-27.9%
4 4341
-4.7%
5+ 911
+22.2%

Summary: The 63011 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 140%, 3 bedroom homes decreased by 27.9%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3527-22.9%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63011, you could pay more than the asking price. 48.1% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in 63011 in November 2024, down by 22.9% month-over-month. Of the 27 sold homes, 41% were sold under asking, 11% were sold at asking, and 48% were sold over asking.

Days on Market for 63011, MO

How long does it take to sell a home in 63011, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days20 Days+22.7%

Summary: Homes in 63011 had an average of 20 days on market in Nov 2024, up by 22.7% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63011 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 27 homes were sold in 63011; 70% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 4% 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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