Is 63137, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63137 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 63137 has remained a Seller's Market.

Key Takeaway

63137 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63137, MO

How much do homes in 63137, MO cost?

Median Sold Price

$83,000

$78/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,500(+21.2%)

Key Takeaway

Homes in 63137 have sold for 21.2% more than they did a year ago.

Summary: The median home sold price in 63137 was $83,000 in October 2024, up 21.2% from last year, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $13K$162K
+1146.2%
2 $70.2K$69K
-1.8%
3 $64.9K$85K
+31.0%
4 $100K$102.7K
+2.8%
5+ $88K$115.5K
+31.3%

Summary: 63137 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1146.2%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 31.3%.

Median Sold Price Compared To Nearby Zip Codes

63137
+21.2%
63147
+17.0%
63136
+7.7%
62040
+5.0%
63138
-3.2%

Housing Supply in 63137, MO

How many homes are available in 63137, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
85100+17.6%

Summary: The 63137 real estate market had 100 homes for sale in October 2024, a 17.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2527
+8.0%
3 5066
+32.0%
4 107
-30.0%
5+ 00
0.0%

Summary: The 63137 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 8%, 3 bedroom homes increased by 32%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2817-39.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63137, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 63137 in October 2024, down by 39.3% month-over-month. Of the 17 sold homes, 59% were sold under asking, 12% were sold at asking, and 29% were sold over asking.

Days on Market for 63137, MO

How long does it take to sell a home in 63137, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days37 Days+1.8%

Summary: Homes in 63137 had an average of 37 days on market in Oct 2024, up by 1.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were 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

Many homes in 63137 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 63137; 53% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 12% 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 4 Days Ago

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