Is 63107, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63107 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 63107 has remained a Buyer's Market.

Key Takeaway

63107 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 63107, MO

How much do homes in 63107, MO cost?

Median Sold Price

$100,000

$36/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$67,100(+204.0%)

Key Takeaway

Homes in 63107 have sold for 204% more than they did a year ago.

Summary: The median home sold price in 63107 was $100,000 in November 2024, up 204% from last year, and the median price per square foot was $36.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $26K$26K
0.0%
2 $23.5K$102K
+334.0%
3 $24.3K$160K
+556.4%
4 $207.5K$82K
-60.5%
5+ $90K$100K
+11.1%

Summary: 63107 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 334%, 3 bedroom homes increased by 556.4%, 4 bedroom homes decreased by 60.5%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Zip Codes

63107
+204.0%
63115
+14.8%
63147
+5.8%
63113
0.0%

Housing Supply in 63107, MO

How many homes are available in 63107, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3022-26.7%

Summary: The 63107 real estate market had 22 homes for sale in November 2024, a 26.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 55
0.0%
3 1310
-23.1%
4 52
-60.0%
5+ 43
-25.0%

Summary: The 63107 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
93-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63107, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 63107 in November 2024, down by 66.7% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for 63107, MO

How long does it take to sell a home in 63107, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
335 Days35 Days-89.4%

Summary: Homes in 63107 had an average of 35 days on market in Nov 2024, down by 89.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63107 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 63107; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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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