$5,938 Closing Credit*
$500,000
2,562 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Keller Williams Chesterfield
Is 63040, 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, 63040 has remained a Seller's Market.
Key Takeaway
63040 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 63040, MO
How much do homes in 63040, MO cost?
Median Sold Price
$432,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.4%)
Key Takeaway
Homes in 63040 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 63040 was $432,000 in October 2024, up 2.4% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | - | N/A |
| 2 Bedrooms | $176.5K | $174.3K | -1.2% |
| 3 Bedrooms | $400K | $402.5K | +0.6% |
| 4 Bedrooms | $440K | $503K | +14.3% |
| 5+ Bedrooms | $515K | $620K | +20.4% |
Summary: 63040 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 1.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 20.4%.
Housing Supply in 63040, MO
How many homes are available in 63040, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 36 | 0.0% |
Summary: The 63040 real estate market had 36 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 11 | +57.1% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 63040 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 57.1%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63040, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 63040 in October 2024, down by 7.7% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for 63040, MO
How long does it take to sell a home in 63040, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 16 Days | +38.4% |
Summary: Homes in 63040 had an average of 16 days on market in Oct 2024, up by 38.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 63040 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 63040; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.