Is 63113, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63113 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 63113 has remained a Seller's Market.

Key Takeaway

63113 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63113, MO

How much do homes in 63113, MO cost?

Median Sold Price

$50,000

$23/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,177(-2.3%)

Key Takeaway

Homes in 63113 have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in 63113 was $50,000 in October 2024, down 2.3% from last year, and the median price per square foot was $23.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $100K$24K
-76.0%
2 $19K$36.5K
+92.1%
3 $53.5K$42.5K
-20.6%
4 $63K$33.2K
-47.3%
5+ $55.4K$69K
+24.5%

Summary: 63113 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 76%, 2 bedroom homes increased by 92.1%, 3 bedroom homes decreased by 20.6%, 4 bedroom homes decreased by 47.3%, and 5+ bedroom homes increased by 24.5%.

Median Sold Price Compared To Nearby Zip Codes

63107
+180.7%
63115
+12.5%
63108
+5.5%
63113
-2.3%

Housing Supply in 63113, MO

How many homes are available in 63113, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2725-7.4%

Summary: The 63113 real estate market had 25 homes for sale in October 2024, a 7.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 98
-11.1%
3 108
-20.0%
4 32
-33.3%
5+ 46
+50.0%

Summary: The 63113 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63113, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 63113 in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 63113, MO

How long does it take to sell a home in 63113, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days52 Days+219.5%

Summary: Homes in 63113 had an average of 52 days on market in Oct 2024, up by 219.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63113 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 63113; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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

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