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 October 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

$510,111

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$36,031(+7.6%)

Key Takeaway

Homes in 63017 have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in 63017 was $510,111 in October 2024, up 7.6% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $205K-
N/A
2 $255K$255K
0.0%
3 $435K$460K
+5.7%
4 $525K$570K
+8.6%
5+ $625K$635K
+1.6%

Summary: 63017 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 did not change, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 1.6%.

Median Sold Price Compared To Nearby Zip Codes

63131
+11.9%
63017
+7.6%
63011
+4.3%
63141
+2.9%
63146
-1.0%

Housing Supply in 63017, MO

How many homes are available in 63017, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
139145+4.3%

Summary: The 63017 real estate market had 145 homes for sale in October 2024, a 4.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2631
+19.2%
3 3841
+7.9%
4 5653
-5.4%
5+ 1819
+5.6%

Summary: The 63017 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 increased by 19.2%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 5.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4344+2.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63017, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 44 homes were sold or pending in 63017 in October 2024, up by 2.3% month-over-month. Of the 44 sold homes, 39% were sold under asking, 16% were sold at asking, and 45% 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

Oct 2023Oct 2024CHANGE
15 Days22 Days+50.2%

Summary: Homes in 63017 had an average of 22 days on market in Oct 2024, up by 50.2% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 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 October 2024, 44 homes were sold in 63017; 75% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 7% 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 23 Days Ago

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