Is 63105, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63105 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 63105 has remained a Seller's Market.

Key Takeaway

63105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63105, MO

How much do homes in 63105, MO cost?

Median Sold Price

$625,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+3.3%)

Key Takeaway

Homes in 63105 have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in 63105 was $625,000 in October 2024, up 3.3% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $176K$175K
-0.5%
2 $360K$365K
+1.4%
3 $701K$637.5K
-9.1%
4 $1.0M$1.1M
+7.0%
5+ $1.8M$1.8M
+2.8%

Summary: 63105 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Zip Codes

63124
+35.3%
63130
+14.6%
63117
+3.7%
63105
+3.3%

Housing Supply in 63105, MO

How many homes are available in 63105, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
93930.0%

Summary: The 63105 real estate market had 93 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 3437
+8.8%
3 2828
0.0%
4 1814
-22.2%
5+ 1012
+20.0%

Summary: The 63105 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 8.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1826+44.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63105, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 63105 in October 2024, up by 44.4% month-over-month. Of the 26 sold homes, 58% were sold under asking, 27% were sold at asking, and 15% were sold over asking.

Days on Market for 63105, MO

How long does it take to sell a home in 63105, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days42 Days-31.2%

Summary: Homes in 63105 had an average of 42 days on market in Oct 2024, down by 31.2% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63105 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 26 homes were sold in 63105; 54% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 15% 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 21 Days Ago

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