Is 63121, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63121 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 63121 has remained a Seller's Market.

Key Takeaway

63121 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63121, MO

How much do homes in 63121, MO cost?

Median Sold Price

$79,416

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$83(-0.1%)

Key Takeaway

The sold price of homes in 63121 has remained the same since last year.

Summary: The median home sold price in 63121 was $79,416 in October 2024, down 0.1% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $26.5K$38.2K
+44.3%
2 $58K$61.2K
+5.6%
3 $94.4K$100K
+5.8%
4 $121.5K$164K
+35.0%
5+ $100K$246K
+146.0%

Summary: 63121 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 35%, and 5+ bedroom homes increased by 146%.

Median Sold Price Compared To Nearby Zip Codes

63133
+36.7%
63120
+20.6%
63114
+10.0%
63134
+8.1%
63121
-0.1%

Housing Supply in 63121, MO

How many homes are available in 63121, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89107+20.2%

Summary: The 63121 real estate market had 107 homes for sale in October 2024, a 20.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 3541
+17.1%
3 3850
+31.6%
4 1314
+7.7%
5+ 10
-100.0%

Summary: The 63121 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 17.1%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1225+108.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63121, you may be able to get a good deal. 52% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 63121 in October 2024, up by 108.3% month-over-month. Of the 25 sold homes, 52% were sold under asking, 8% were sold at asking, and 40% were sold over asking.

Days on Market for 63121, MO

How long does it take to sell a home in 63121, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days68 Days+110.0%

Summary: Homes in 63121 had an average of 68 days on market in Oct 2024, up by 110% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63121 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 25 homes were sold in 63121; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 28% 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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