$1,839 Closing Credit*
$154,900
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Magnolia Real Estate
Is 63031, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 63031 has remained a Seller's Market.
Key Takeaway
63031 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 63031, MO
How much do homes in 63031, MO cost?
Median Sold Price
$165,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,866(+3.0%)
Key Takeaway
Homes in 63031 have sold for 3% more than they did a year ago.
Summary: The median home sold price in 63031 was $165,000 in November 2024, up 3% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $57K | $55.5K | -2.6% |
| 2 Bedrooms | $129.5K | $133K | +2.7% |
| 3 Bedrooms | $165K | $167.2K | +1.3% |
| 4 Bedrooms | $219K | $210K | -4.1% |
| 5+ Bedrooms | $230K | $297.5K | +29.3% |
Summary: 63031 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 29.3%.
Housing Supply in 63031, MO
How many homes are available in 63031, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 163 | 162 | -0.6% |
Summary: The 63031 real estate market had 162 homes for sale in November 2024, a 0.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 23 | 17 | -26.1% |
| 3 Bedrooms | 111 | 119 | +7.2% |
| 4 Bedrooms | 27 | 25 | -7.4% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 63031 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 decreased by 26.1%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 43 | -17.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63031, you may be able to get a good deal. 41.9% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in 63031 in November 2024, down by 17.3% month-over-month. Of the 43 sold homes, 42% were sold under asking, 19% were sold at asking, and 40% were sold over asking.
Days on Market for 63031, MO
How long does it take to sell a home in 63031, MO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 24 Days | -14.7% |
Summary: Homes in 63031 had an average of 24 days on market in Nov 2024, down by 14.7% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 63031 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 43 homes were sold in 63031; 72% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.