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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63121 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 63121 was a Seller's Market.

Key Takeaway

63121 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 63121, MO

How much do homes in 63121, MO cost?

Median Sold Price

$80,000

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,000(+2.6%)

Key Takeaway

Homes in 63121 have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in 63121 was $80,000 in November 2024, up 2.6% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $39.5K$26.5K
-32.9%
2 $58.7K$60K
+2.1%
3 $87.7K$110K
+25.4%
4 $121.5K$160.2K
+31.9%
5+ $90K$307K
+241.1%

Summary: 63121 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.9%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 25.4%, 4 bedroom homes increased by 31.9%, and 5+ bedroom homes increased by 241.1%.

Median Sold Price Compared To Nearby Zip Codes

63133
+36.9%
63114
+11.5%
63134
+10.7%
63121
+2.6%
63120
+0.7%

Housing Supply in 63121, MO

How many homes are available in 63121, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1061060.0%

Summary: The 63121 real estate market had 106 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 4039
-2.5%
3 5046
-8.0%
4 1317
+30.8%
5+ 11
0.0%

Summary: The 63121 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2817-39.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 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. 64.7% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 63121 in November 2024, down by 39.3% month-over-month. Of the 17 sold homes, 65% were sold under asking, 12% were sold at asking, and 24% 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

Nov 2023Nov 2024CHANGE
56 Days64 Days+14.8%

Summary: Homes in 63121 had an average of 64 days on market in Nov 2024, up by 14.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 63121 has remained consistent over time.

Summary: During November 2024, 17 homes were sold in 63121; 29% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 29% 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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