Is 63101, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63101 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 63101 has remained a Seller's Market.

Key Takeaway

63101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63101, MO

How much do homes in 63101, MO cost?

Median Sold Price

$179,000

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,000(+5.3%)

Key Takeaway

Homes in 63101 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 63101 was $179,000 in October 2024, up 5.3% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $160.9K$135K
-16.1%
2 $170K$190K
+11.8%
3 $537K$540K
+0.6%
4 $500K-
N/A
5+ --
N/A

Summary: 63101 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.1%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 0.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

63101
+5.3%
63103
-8.8%

Housing Supply in 63101, MO

How many homes are available in 63101, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2322-4.3%

Summary: The 63101 real estate market had 22 homes for sale in October 2024, a 4.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 1616
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 63101 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63101, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 63101 in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 63101, MO

How long does it take to sell a home in 63101, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days113 Days+392.0%

Summary: Homes in 63101 had an average of 113 days on market in Oct 2024, up by 392% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 63101 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 6 homes were sold in 63101; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 20 Days Ago

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