Is 63034, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63034 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 63034 has remained a Seller's Market.

Key Takeaway

63034 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63034, MO

How much do homes in 63034, MO cost?

Median Sold Price

$269,950

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,950(+3.8%)

Key Takeaway

Homes in 63034 have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in 63034 was $269,950 in November 2024, up 3.8% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $130K-
N/A
2 $131.6K$151.9K
+15.4%
3 $235K$240K
+2.1%
4 $308K$311K
+1.0%
5+ $339.5K$401.5K
+18.3%

Summary: 63034 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 18.3%.

Median Sold Price Compared To Nearby Zip Codes

63138
+7.8%
63033
+6.6%
63034
+3.8%
63031
+3.0%

Housing Supply in 63034, MO

How many homes are available in 63034, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7066-5.7%

Summary: The 63034 real estate market had 66 homes for sale in November 2024, a 5.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 3232
0.0%
4 2117
-19.0%
5+ 87
-12.5%

Summary: The 63034 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 increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 19%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1516+6.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63034, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 63034 in November 2024, up by 6.7% month-over-month. Of the 16 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.

Days on Market for 63034, MO

How long does it take to sell a home in 63034, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days38 Days+24.6%

Summary: Homes in 63034 had an average of 38 days on market in Nov 2024, up by 24.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63034 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 16 homes were sold in 63034; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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 21 Days Ago

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