Is 63114, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63114 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 63114 has remained a Seller's Market.

Key Takeaway

63114 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63114, MO

How much do homes in 63114, MO cost?

Median Sold Price

$144,995

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,995(+11.5%)

Key Takeaway

Homes in 63114 have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in 63114 was $144,995 in November 2024, up 11.5% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $50.9K$64K
+25.7%
2 $108.9K$129.5K
+18.9%
3 $149.4K$161.7K
+8.2%
4 $165K$182.5K
+10.6%
5+ $143K$150.2K
+5.1%

Summary: 63114 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.7%, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Zip Codes

63132
+20.1%
63114
+11.5%
63074
+11.0%
63134
+10.7%
63121
+2.6%

Housing Supply in 63114, MO

How many homes are available in 63114, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
112103-8.0%

Summary: The 63114 real estate market had 103 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 63
-50.0%
2 5442
-22.2%
3 4447
+6.8%
4 811
+37.5%
5+ 00
0.0%

Summary: The 63114 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4627-41.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63114, you could pay more than the asking price. 37% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in 63114 in November 2024, down by 41.3% month-over-month. Of the 27 sold homes, 33% were sold under asking, 30% were sold at asking, and 37% were sold over asking.

Days on Market for 63114, MO

How long does it take to sell a home in 63114, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days17 Days-27.6%

Summary: Homes in 63114 had an average of 17 days on market in Nov 2024, down by 27.6% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63114 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 27 homes were sold in 63114; 78% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

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