Is 63110, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63110 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 63110 has remained a Seller's Market.

Key Takeaway

63110 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63110, MO

How much do homes in 63110, MO cost?

Median Sold Price

$320,547

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$19,452(-5.7%)

Key Takeaway

Homes in 63110 have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in 63110 was $320,547 in October 2024, down 5.7% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $173K$180K
+4.0%
2 $227.4K$309.9K
+36.3%
3 $380K$347.5K
-8.6%
4 $441K$502.7K
+14.0%
5+ $551K$355K
-35.6%

Summary: 63110 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 36.3%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 35.6%.

Median Sold Price Compared To Nearby Zip Codes

63139
+10.0%
63108
+5.5%
63104
-5.0%
63110
-5.7%

Housing Supply in 63110, MO

How many homes are available in 63110, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5957-3.4%

Summary: The 63110 real estate market had 57 homes for sale in October 2024, a 3.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 1712
-29.4%
3 3333
0.0%
4 68
+33.3%
5+ 11
0.0%

Summary: The 63110 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2017-15.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63110, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 63110 in October 2024, down by 15.0% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.

Days on Market for 63110, MO

How long does it take to sell a home in 63110, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days41 Days+54.0%

Summary: Homes in 63110 had an average of 41 days on market in Oct 2024, up by 54% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63110 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 63110; 53% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 24% 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 20 Days Ago

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