$10,000 Closing Credit*
$1,602,482
4 Beds
•3 Full Baths, 1 Partial
Listing Office: McKelvey Homes Realty, LLC
Is 63131, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 63131 has remained a Seller's Market.
Key Takeaway
63131 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 63131, MO
How much do homes in 63131, MO cost?
Median Sold Price
$965,000
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$103,000(+11.9%)
Key Takeaway
Homes in 63131 have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in 63131 was $965,000 in October 2024, up 11.9% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $265K | N/A |
| 2 Bedrooms | $575K | $330K | -42.6% |
| 3 Bedrooms | $605K | $622K | +2.8% |
| 4 Bedrooms | $796.2K | $950K | +19.3% |
| 5+ Bedrooms | $1.4M | $1.3M | -6.2% |
Summary: 63131 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes decreased by 6.2%.
Housing Supply in 63131, MO
How many homes are available in 63131, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 | 61 | -4.7% |
Summary: The 63131 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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 22 | 22 | 0.0% |
| 5+ Bedrooms | 33 | 28 | -15.2% |
Summary: The 63131 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 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 15.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63131, 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 63131 in October 2024, down by 11.8% month-over-month. Of the 15 sold homes, 53% were sold under asking, 0% were sold at asking, and 47% were sold over asking.
Days on Market for 63131, MO
How long does it take to sell a home in 63131, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 17 Days | -47.9% |
Summary: Homes in 63131 had an average of 17 days on market in Oct 2024, down by 47.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 63131 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in 63131; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.