Is 63025, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63025 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 63025 has remained a Seller's Market.

Key Takeaway

63025 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63025, MO

How much do homes in 63025, MO cost?

Median Sold Price

$418,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,500(+3.6%)

Key Takeaway

Homes in 63025 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 63025 was $418,000 in October 2024, up 3.6% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$173.7K
N/A
2 $300K$263.5K
-12.2%
3 $322.5K$320K
-0.8%
4 $450K$485K
+7.8%
5+ $615.9K$609K
-1.1%

Summary: 63025 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 decreased by 12.2%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Zip Codes

63038
+10.4%
63025
+3.6%
63049
-3.0%
63088
-3.3%

Housing Supply in 63025, MO

How many homes are available in 63025, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7586+14.7%

Summary: The 63025 real estate market had 86 homes for sale in October 2024, a 14.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 3129
-6.5%
4 3144
+41.9%
5+ 99
0.0%

Summary: The 63025 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 decreased by 6.5%, 4 bedroom homes increased by 41.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2120-4.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63025, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 63025 in October 2024, down by 4.8% month-over-month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.

Days on Market for 63025, MO

How long does it take to sell a home in 63025, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days17 Days-51.0%

Summary: Homes in 63025 had an average of 17 days on market in Oct 2024, down by 51% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63025 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in 63025; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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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