Is 63108, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63108 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 63108 has remained a Buyer's Market.

Key Takeaway

63108 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 63108, MO

How much do homes in 63108, MO cost?

Median Sold Price

$355,000

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,500(+5.5%)

Key Takeaway

Homes in 63108 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 63108 was $355,000 in October 2024, up 5.5% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $211K$212K
0.5%
2 $299.9K$325K
+8.4%
3 $476.3K$375K
-21.3%
4 $600K$707.5K
+17.9%
5+ $630K$650K
+3.2%

Summary: 63108 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 8.4%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Zip Codes

63108
+5.5%
63113
-2.3%
63110
-5.7%
63103
-8.8%

Housing Supply in 63108, MO

How many homes are available in 63108, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
113125+10.6%

Summary: The 63108 real estate market had 125 homes for sale in October 2024, a 10.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1915
-21.1%
2 4353
+23.3%
3 2126
+23.8%
4 1010
0.0%
5+ 2021
+5.0%

Summary: The 63108 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 21.1%, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 23.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1413-7.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63108, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 63108 in October 2024, down by 7.1% month-over-month. Of the 13 sold homes, 69% were sold under asking, 31% were sold at asking, and 0% were sold over asking.

Days on Market for 63108, MO

How long does it take to sell a home in 63108, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
147 Days47 Days-68.1%

Summary: Homes in 63108 had an average of 47 days on market in Oct 2024, down by 68.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 63108 has remained consistent over time.

Summary: During October 2024, 13 homes were sold in 63108; 23% of homes were sold within 30 days, 69% of homes were sold within 30 to 90 days, and 8% 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

Newest Listings in 63108, MO

Nearby Markets to 63108, MO