Is 63103, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63103 is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, 63103 has remained a Neutral Market.

Key Takeaway

63103 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 63103, MO

How much do homes in 63103, MO cost?

Median Sold Price

$135,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$13,000(-8.8%)

Key Takeaway

Homes in 63103 have sold for 8.8% less than they did a year ago.

Summary: The median home sold price in 63103 was $135,000 in October 2024, down 8.8% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $109.9K$120K
+9.1%
2 $170K$167.5K
-1.5%
3 -$443.7K
N/A
4 -$811K
N/A
5+ --
N/A

Summary: 63103 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

63101
+5.3%
63104
-5.0%
63103
-8.8%

Housing Supply in 63103, MO

How many homes are available in 63103, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4550+11.1%

Summary: The 63103 real estate market had 50 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1419
+35.7%
2 2526
+4.0%
3 32
-33.3%
4 33
0.0%
5+ 00
0.0%

Summary: The 63103 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 35.7%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

8 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 63103, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 63103 in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 63103, MO

How long does it take to sell a home in 63103, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days71 Days+144.9%

Summary: Homes in 63103 had an average of 71 days on market in Oct 2024, up by 144.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63103 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 63103; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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

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