$3,503 Closing Credit*
$295,000
3 Beds
•3 Full Baths
Listing Office: 2BUY-R-SELL
Is 63031, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$162,227
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,527(+1.0%)
Key Takeaway
Homes in 63031 have sold for 1% more than they did a year ago.
Summary: The median home sold price in 63031 was $162,227 in October 2024, up 1% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $57.5K | +4.5% |
| 2 Bedrooms | $129K | $130K | +0.8% |
| 3 Bedrooms | $165K | $165K | 0.0% |
| 4 Bedrooms | $220K | $209K | -5.0% |
| 5+ Bedrooms | $230K | $236.2K | +2.7% |
Summary: 63031 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 0.8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 2.7%.
Housing Supply in 63031, MO
How many homes are available in 63031, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 168 | 172 | +2.4% |
Summary: The 63031 real estate market had 172 homes for sale in October 2024, a 2.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 28 | 24 | -14.3% |
| 3 Bedrooms | 117 | 119 | +1.7% |
| 4 Bedrooms | 21 | 26 | +23.8% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 63031 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 46 | -17.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63031, you could pay more than the asking price. 45.7% of homes here sold above asking price last month.
Summary: A total of 46 homes were sold or pending in 63031 in October 2024, down by 17.9% month-over-month. Of the 46 sold homes, 37% were sold under asking, 17% were sold at asking, and 46% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 24 Days | +30.7% |
Summary: Homes in 63031 had an average of 24 days on market in Oct 2024, up by 30.7% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 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 October 2024, 46 homes were sold in 63031; 72% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.