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 October 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

$1,150,000

$321/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$300,000(+35.3%)

Key Takeaway

Homes in 63124 have sold for 35.3% more than they did a year ago.

Summary: The median home sold price in 63124 was $1,150,000 in October 2024, up 35.3% from last year, and the median price per square foot was $321.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $191K$172.5K
-9.7%
2 $302.5K$296.5K
-2.0%
3 $702.5K$912.5K
+29.9%
4 $1.0M$1.1M
+8.1%
5+ $1.6M$1.7M
+3.0%

Summary: 63124 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 29.9%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Zip Codes

63124
+35.3%
63132
+21.7%
63144
+6.3%
63117
+3.7%
63105
+3.3%

Housing Supply in 63124, MO

How many homes are available in 63124, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6461-4.7%

Summary: The 63124 real estate market had 61 homes for sale in October 2024, a 4.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 56
+20.0%
3 118
-27.3%
4 2620
-23.1%
5+ 2226
+18.2%

Summary: The 63124 housing inventory by bedroom type for October 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 27.3%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1815-16.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were 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. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 63124 in October 2024, down by 16.7% month-over-month. Of the 15 sold homes, 53% were sold under asking, 7% were sold at asking, and 40% 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

Oct 2023Oct 2024CHANGE
66 Days27 Days-59.4%

Summary: Homes in 63124 had an average of 27 days on market in Oct 2024, down by 59.4% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63124 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 15 homes were sold in 63124; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

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