$177 Closing Credit*
$14,900
Listing Office: American Realty Group
Is 63107, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 63107 was a Neutral Market.
Key Takeaway
63107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 63107, MO
How much do homes in 63107, MO cost?
Median Sold Price
$93,900
$39/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$60,450(+180.7%)
Key Takeaway
Homes in 63107 have sold for 180.7% more than they did a year ago.
Summary: The median home sold price in 63107 was $93,900 in October 2024, up 180.7% from last year, and the median price per square foot was $39.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $333K | $27K | -91.9% |
| 2 Bedrooms | $25.2K | $102K | +304.0% |
| 3 Bedrooms | $20K | $137K | +585.0% |
| 4 Bedrooms | $210K | $82K | -60.9% |
| 5+ Bedrooms | $90K | $100K | +11.1% |
Summary: 63107 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 91.9%, 2 bedroom homes increased by 304%, 3 bedroom homes increased by 585%, 4 bedroom homes decreased by 60.9%, and 5+ bedroom homes increased by 11.1%.
Housing Supply in 63107, MO
How many homes are available in 63107, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The 63107 real estate market had 30 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 8 | 13 | +62.5% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 63107 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 62.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63107, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 63107 in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 145 Days | +901.7% |
Summary: Homes in 63107 had an average of 145 days on market in Oct 2024, up by 901.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 63107 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 8 homes were sold in 63107; 13% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.