Is 63301, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63301 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 63301 has remained a Seller's Market.

Key Takeaway

63301 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63301, MO

How much do homes in 63301, MO cost?

Median Sold Price

$315,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+5.0%)

Key Takeaway

Homes in 63301 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 63301 was $315,000 in October 2024, up 5% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $139.5K$162.4K
+16.5%
2 $228.5K$239.5K
+4.8%
3 $293K$302.7K
+3.3%
4 $404K$386.4K
-4.4%
5+ $527.5K$480K
-9.0%

Summary: 63301 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.5%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 9%.

Housing Supply in 63301, MO

How many homes are available in 63301, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
171167-2.3%

Summary: The 63301 real estate market had 167 homes for sale in October 2024, a 2.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 2928
-3.4%
3 8990
+1.1%
4 4540
-11.1%
5+ 77
0.0%

Summary: The 63301 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 decreased by 3.4%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
57570.0%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63301, you could pay more than the asking price. 45.6% of homes here sold above asking price last month.

Summary: A total of 57 homes were sold or pending in 63301 in October 2024, the same as the previous month. Of the 57 sold homes, 39% were sold under asking, 16% were sold at asking, and 46% were sold over asking.

Days on Market for 63301, MO

How long does it take to sell a home in 63301, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days16 Days-23.2%

Summary: Homes in 63301 had an average of 16 days on market in Oct 2024, down by 23.2% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63301 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 57 homes were sold in 63301; 75% of homes were sold within 30 days, 25% 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 17 Days Ago

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