Is 63304, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63304 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 63304 has remained a Seller's Market.

Key Takeaway

63304 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63304, MO

How much do homes in 63304, MO cost?

Median Sold Price

$385,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,887(+8.4%)

Key Takeaway

Homes in 63304 have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in 63304 was $385,000 in November 2024, up 8.4% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $201.7K$182.5K
-9.6%
2 $208.7K$214.9K
+3.0%
3 $313K$350K
+11.8%
4 $406K$480K
+18.2%
5+ $600K$772.7K
+28.8%

Summary: 63304 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 28.8%.

Median Sold Price Compared To Nearby Zip Codes

63368
+11.5%
63304
+8.4%
63303
+8.3%
63376
+6.9%

Housing Supply in 63304, MO

How many homes are available in 63304, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
143117-18.2%

Summary: The 63304 real estate market had 117 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 24
+100.0%
2 2220
-9.1%
3 6048
-20.0%
4 4531
-31.1%
5+ 1414
0.0%

Summary: The 63304 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 31.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5940-32.2%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63304, you may be able to get a good deal. 35% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 63304 in November 2024, down by 32.2% month-over-month. Of the 40 sold homes, 35% were sold under asking, 30% were sold at asking, and 35% were sold over asking.

Days on Market for 63304, MO

How long does it take to sell a home in 63304, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days18 Days+60.9%

Summary: Homes in 63304 had an average of 18 days on market in Nov 2024, up by 60.9% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63304 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 40 homes were sold in 63304; 78% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 3% 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

Newest Listings in 63304, MO

Nearby Markets to 63304, MO