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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63115 is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

63115 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 63115, MO

How much do homes in 63115, MO cost?

Median Sold Price

$49,500

$53/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,375(+14.8%)

Key Takeaway

Homes in 63115 have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in 63115 was $49,500 in November 2024, up 14.8% from last year, and the median price per square foot was $53.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $18K$6.5K
-63.9%
2 $43.1K$42.2K
-2.0%
3 $51.5K$57.6K
+12.0%
4 $41K$101K
+146.3%
5+ $35K$56.2K
+60.7%

Summary: 63115 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.9%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 146.3%, and 5+ bedroom homes increased by 60.7%.

Median Sold Price Compared To Nearby Zip Codes

63107
+204.0%
63115
+14.8%
63147
+5.8%
63120
+0.7%
63113
0.0%

Housing Supply in 63115, MO

How many homes are available in 63115, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5247-9.6%

Summary: The 63115 real estate market had 47 homes for sale in November 2024, a 9.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2219
-13.6%
3 1918
-5.3%
4 76
-14.3%
5+ 33
0.0%

Summary: The 63115 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 63115 in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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

Nov 2023Nov 2024CHANGE
41 Days91 Days+118.9%

Summary: Homes in 63115 had an average of 91 days on market in Nov 2024, up by 118.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 November 2024, 6 homes were sold in 63115; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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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