Is 63125, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63125 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 63125 has remained a Seller's Market.

Key Takeaway

63125 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63125, MO

How much do homes in 63125, MO cost?

Median Sold Price

$190,937

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,798(+9.0%)

Key Takeaway

Homes in 63125 have sold for 9% more than they did a year ago.

Summary: The median home sold price in 63125 was $190,937 in October 2024, up 9% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $65K$81K
+24.6%
2 $155K$162K
+4.5%
3 $221K$230.5K
+4.3%
4 $240K$250K
+4.2%
5+ $106.5K$290K
+172.3%

Summary: 63125 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 172.3%.

Median Sold Price Compared To Nearby Zip Codes

63111
+13.0%
63125
+9.0%
63123
+6.5%
63116
+5.2%
63129
+5.1%

Housing Supply in 63125, MO

How many homes are available in 63125, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
161174+8.1%

Summary: The 63125 real estate market had 174 homes for sale in October 2024, a 8.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1514
-6.7%
2 6882
+20.6%
3 6666
0.0%
4 1110
-9.1%
5+ 12
+100.0%

Summary: The 63125 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 20.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4753+12.8%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63125, you could pay more than the asking price. 49.1% of homes here sold above asking price last month.

Summary: A total of 53 homes were sold or pending in 63125 in October 2024, up by 12.8% month-over-month. Of the 53 sold homes, 38% were sold under asking, 13% were sold at asking, and 49% were sold over asking.

Days on Market for 63125, MO

How long does it take to sell a home in 63125, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days22 Days+108.4%

Summary: Homes in 63125 had an average of 22 days on market in Oct 2024, up by 108.4% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63125 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 53 homes were sold in 63125; 74% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 2% 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 14 Days Ago

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