Is 63074, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63074 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 63074 has remained a Seller's Market.

Key Takeaway

63074 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63074, MO

How much do homes in 63074, MO cost?

Median Sold Price

$160,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,000(+12.7%)

Key Takeaway

Homes in 63074 have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in 63074 was $160,000 in October 2024, up 12.7% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $42.5K$78K
+83.5%
2 $130K$142.5K
+9.6%
3 $162K$175K
+8.0%
4 $175K$185.4K
+5.9%
5+ $289.9K$320K
+10.4%

Summary: 63074 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.5%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Zip Codes

63074
+12.7%
63114
+10.0%
63134
+8.1%
63044
+5.0%

Housing Supply in 63074, MO

How many homes are available in 63074, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
35350.0%

Summary: The 63074 real estate market had 35 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1416
+14.3%
3 1715
-11.8%
4 32
-33.3%
5+ 01
+100.0%

Summary: The 63074 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 14.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63074, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in 63074 in October 2024, down by 7.7% month-over-month. Of the 12 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for 63074, MO

How long does it take to sell a home in 63074, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days15 Days-15.5%

Summary: Homes in 63074 had an average of 15 days on market in Oct 2024, down by 15.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63074 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 63074; 83% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 63074, MO

Nearby Markets to 63074, MO