Is 63124, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63124 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 63124 has remained a Seller's Market.

Key Takeaway

63124 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63124, MO

How much do homes in 63124, MO cost?

Median Sold Price

$1,122,500

$319/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$218,000(+24.1%)

Key Takeaway

Homes in 63124 have sold for 24.1% more than they did a year ago.

Summary: The median home sold price in 63124 was $1,122,500 in December 2024, up 24.1% from last year, and the median price per square foot was $319.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $191K$160K
-16.2%
2 $312.5K$250K
-20.0%
3 $735K$877K
+19.3%
4 $1.0M$1.1M
+6.8%
5+ $1.6M$1.8M
+16.4%

Summary: 63124 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 16.4%.

Median Sold Price Compared To Nearby Zip Codes

63124
+24.1%
63132
+20.8%
63117
+15.6%
63144
+3.5%
63105
0.1%

Housing Supply in 63124, MO

How many homes are available in 63124, MO?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4941-16.3%

Summary: The 63124 real estate market had 41 homes for sale in December 2024, a 16.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 12
+100.0%
2 56
+20.0%
3 54
-20.0%
4 1814
-22.2%
5+ 2015
-25.0%

Summary: The 63124 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63124, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 63124 in December 2024, down by 28.6% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for 63124, MO

How long does it take to sell a home in 63124, MO?

Average Sale Time

Dec 2023Dec 2024CHANGE
45 Days72 Days+59.6%

Summary: Homes in 63124 had an average of 72 days on market in Dec 2024, up by 59.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 63124 has remained consistent over time.

Summary: During December 2024, 10 homes were sold in 63124; 10% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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 5 Days Ago

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