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 November 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

$161,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,000(+11.0%)

Key Takeaway

Homes in 63074 have sold for 11% more than they did a year ago.

Summary: The median home sold price in 63074 was $161,000 in November 2024, up 11% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $42.5K$78K
+83.5%
2 $130K$145K
+11.5%
3 $165K$175.7K
+6.5%
4 $171K$185.4K
+8.4%
5+ $289.9K$320K
+10.4%

Summary: 63074 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.5%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Zip Codes

63114
+11.5%
63074
+11.0%
63134
+10.7%
63044
+6.9%

Housing Supply in 63074, MO

How many homes are available in 63074, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3336+9.1%

Summary: The 63074 real estate market had 36 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1413
-7.1%
3 1619
+18.8%
4 23
+50.0%
5+ 11
0.0%

Summary: The 63074 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 7.1%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63074, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 63074 in November 2024, down by 15.4% month-over-month. Of the 11 sold homes, 18% were sold under asking, 27% were sold at asking, and 55% 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

Nov 2023Nov 2024CHANGE
22 Days15 Days-33.4%

Summary: Homes in 63074 had an average of 15 days on market in Nov 2024, down by 33.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was 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 November 2024, 11 homes were sold in 63074; 82% of homes were sold within 30 days, 9% 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 22 Days Ago

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