Is 63115, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63115 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 63115 was a Seller's Market.

Key Takeaway

63115 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 63115, MO

How much do homes in 63115, MO cost?

Median Sold Price

$48,500

$48/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,375(+12.5%)

Key Takeaway

Homes in 63115 have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in 63115 was $48,500 in October 2024, up 12.5% from last year, and the median price per square foot was $48.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $18K$6.5K
-63.9%
2 $43K$48K
+11.6%
3 $53.2K$52.7K
-0.9%
4 $45K$101K
+124.4%
5+ $37K$52.5K
+41.9%

Summary: 63115 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.9%, 2 bedroom homes increased by 11.6%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 124.4%, and 5+ bedroom homes increased by 41.9%.

Median Sold Price Compared To Nearby Zip Codes

63107
+180.7%
63120
+20.6%
63147
+17.0%
63115
+12.5%
63113
-2.3%

Housing Supply in 63115, MO

How many homes are available in 63115, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4752+10.6%

Summary: The 63115 real estate market had 52 homes for sale in October 2024, a 10.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2022
+10.0%
3 1919
0.0%
4 67
+16.7%
5+ 13
+200.0%

Summary: The 63115 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 increased by 10%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63115, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 63115 in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.

Days on Market for 63115, MO

How long does it take to sell a home in 63115, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
84 Days42 Days-49.2%

Summary: Homes in 63115 had an average of 42 days on market in Oct 2024, down by 49.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63115 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 63115; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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 21 Days Ago

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