Is 63017, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63017 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 63017 has remained a Seller's Market.

Key Takeaway

63017 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63017, MO

How much do homes in 63017, MO cost?

Median Sold Price

$506,125

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$26,691(+5.6%)

Key Takeaway

Homes in 63017 have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in 63017 was $506,125 in December 2024, up 5.6% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $205K-
N/A
2 $250K$259.4K
+3.8%
3 $435K$455K
+4.6%
4 $528.3K$575K
+8.8%
5+ $630K$632.7K
0.4%

Summary: 63017 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 0.4%.

Median Sold Price Compared To Nearby Zip Codes

63131
+5.9%
63017
+5.6%
63011
+3.7%
63141
+2.9%
63146
+1.2%

Housing Supply in 63017, MO

How many homes are available in 63017, MO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
130104-20.0%

Summary: The 63017 real estate market had 104 homes for sale in December 2024, a 20.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 2925
-13.8%
3 3731
-16.2%
4 4940
-18.4%
5+ 147
-50.0%

Summary: The 63017 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4531-31.1%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63017, you may be able to get a good deal. 58.1% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 63017 in December 2024, down by 31.1% month-over-month. Of the 31 sold homes, 58% were sold under asking, 16% were sold at asking, and 26% were sold over asking.

Days on Market for 63017, MO

How long does it take to sell a home in 63017, MO?

Average Sale Time

Dec 2023Dec 2024CHANGE
22 Days32 Days+45.3%

Summary: Homes in 63017 had an average of 32 days on market in Dec 2024, up by 45.3% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63017 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 31 homes were sold in 63017; 61% of homes were sold within 30 days, 32% 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 7 Days Ago

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