Is 63122, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63122 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 63122 has remained a Seller's Market.

Key Takeaway

63122 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63122, MO

How much do homes in 63122, MO cost?

Median Sold Price

$431,833

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$2,989(-0.7%)

Key Takeaway

Homes in 63122 have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in 63122 was $431,833 in December 2024, down 0.7% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $152.5K$148K
-3.0%
2 $240K$255K
+6.3%
3 $406.2K$415K
+2.2%
4 $653K$633K
-3.1%
5+ $895.7K$954.1K
+6.5%

Summary: 63122 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Zip Codes

63126
+8.7%
63131
+5.9%
63119
-0.1%
63122
-0.7%
63127
-5.0%

Housing Supply in 63122, MO

How many homes are available in 63122, MO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
149136-8.7%

Summary: The 63122 real estate market had 136 homes for sale in December 2024, a 8.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 3941
+5.1%
3 4637
-19.6%
4 3829
-23.7%
5+ 2427
+12.5%

Summary: The 63122 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 19.6%, 4 bedroom homes decreased by 23.7%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4441-6.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63122, you could pay more than the asking price. 46.3% of homes here sold above asking price last month.

Summary: A total of 41 homes were sold or pending in 63122 in December 2024, down by 6.8% month-over-month. Of the 41 sold homes, 34% were sold under asking, 20% were sold at asking, and 46% were sold over asking.

Days on Market for 63122, MO

How long does it take to sell a home in 63122, MO?

Average Sale Time

Dec 2023Dec 2024CHANGE
24 Days29 Days+18.4%

Summary: Homes in 63122 had an average of 29 days on market in Dec 2024, up by 18.4% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63122 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 41 homes were sold in 63122; 66% of homes were sold within 30 days, 27% 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 2 Days Ago

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