Is 63129, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63129 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 63129 has remained a Seller's Market.

Key Takeaway

63129 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63129, MO

How much do homes in 63129, MO cost?

Median Sold Price

$315,196

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,196(+5.1%)

Key Takeaway

Homes in 63129 have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in 63129 was $315,196 in October 2024, up 5.1% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $92K$105K
+14.1%
2 $167K$183.9K
+10.1%
3 $296K$310K
+4.7%
4 $392.2K$415.5K
+5.9%
5+ $432K$485K
+12.3%

Summary: 63129 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 12.3%.

Median Sold Price Compared To Nearby Zip Codes

63125
+9.0%
63128
+7.5%
63129
+5.1%

Housing Supply in 63129, MO

How many homes are available in 63129, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
174178+2.3%

Summary: The 63129 real estate market had 178 homes for sale in October 2024, a 2.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 44
0.0%
2 3238
+18.8%
3 8688
+2.3%
4 4342
-2.3%
5+ 96
-33.3%

Summary: The 63129 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5654-3.6%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63129, you may be able to get a good deal. 42.6% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in 63129 in October 2024, down by 3.6% month-over-month. Of the 54 sold homes, 43% were sold under asking, 19% were sold at asking, and 39% were sold over asking.

Days on Market for 63129, MO

How long does it take to sell a home in 63129, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days25 Days+66.4%

Summary: Homes in 63129 had an average of 25 days on market in Oct 2024, up by 66.4% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63129 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 54 homes were sold in 63129; 61% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% 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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