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 October 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

$142,916

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,016(+10.0%)

Key Takeaway

Homes in 63114 have sold for 10% more than they did a year ago.

Summary: The median home sold price in 63114 was $142,916 in October 2024, up 10% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $41K$66.5K
+62.2%
2 $109K$129K
+18.3%
3 $145K$162K
+11.7%
4 $165K$182.5K
+10.6%
5+ $176.5K$132K
-25.2%

Summary: 63114 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62.2%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes decreased by 25.2%.

Median Sold Price Compared To Nearby Zip Codes

63132
+21.7%
63074
+12.7%
63114
+10.0%
63134
+8.1%
63121
-0.1%

Housing Supply in 63114, MO

How many homes are available in 63114, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
111121+9.0%

Summary: The 63114 real estate market had 121 homes for sale in October 2024, a 9.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 69
+50.0%
2 4856
+16.7%
3 5047
-6.0%
4 79
+28.6%
5+ 00
0.0%

Summary: The 63114 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 increased by 16.7%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4244+4.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

22 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. 50% of homes here sold above asking price last month.

Summary: A total of 44 homes were sold or pending in 63114 in October 2024, up by 4.8% month-over-month. Of the 44 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% 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

Oct 2023Oct 2024CHANGE
13 Days25 Days+84.9%

Summary: Homes in 63114 had an average of 25 days on market in Oct 2024, up by 84.9% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 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 October 2024, 44 homes were sold in 63114; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 7% 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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