$6,519 Closing Credit*
$549,000
1,646 SqFt
2 Beds
•2 Full Baths
Listing Office: Tom Shaw, REALTORS
Is 63040, 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, 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 November 2023
+$16,500(+4.0%)
Key Takeaway
Homes in 63040 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 63040 was $432,000 in November 2024, up 4% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | - | N/A |
| 2 Bedrooms | $173.5K | $179K | +3.2% |
| 3 Bedrooms | $400K | $405K | +1.3% |
| 4 Bedrooms | $457.5K | $500K | +9.3% |
| 5+ Bedrooms | $499K | $620K | +24.2% |
Summary: 63040 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 3.2%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 24.2%.
Housing Supply in 63040, MO
How many homes are available in 63040, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 29 | -21.6% |
Summary: The 63040 real estate market had 29 homes for sale in November 2024, a 21.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 63040 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 16.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63040, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 63040 in November 2024, down by 46.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 12 Days | -5.7% |
Summary: Homes in 63040 had an average of 12 days on market in Nov 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was 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 November 2024, 7 homes were sold in 63040; 86% of homes were sold within 30 days, 14% 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.