$225,000
4.15 Acres
Land
Listing Office: Meyer & Company Real Estate
Is 63348, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 63348 has remained a Seller's Market.
Key Takeaway
63348 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 63348, MO
How much do homes in 63348, MO cost?
Median Sold Price
$353,700
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,700(+4.0%)
Key Takeaway
Homes in 63348 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 63348 was $353,700 in November 2024, up 4% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $309.9K | $320K | +3.2% |
| 4 Bedrooms | $424.5K | $425K | 0.1% |
| 5+ Bedrooms | $602.5K | $579.5K | -3.8% |
Summary: 63348 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Zip Codes
| 63348 | $340K | $353.7K | +4.0% |
| 63385 | $375K | $371.2K | -1.0% |
Housing Supply in 63348, MO
How many homes are available in 63348, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 57 | -16.2% |
Summary: The 63348 real estate market had 57 homes for sale in November 2024, a 16.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 35 | 29 | -17.1% |
| 4 Bedrooms | 27 | 25 | -7.4% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The 63348 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63348, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 63348 in November 2024, up by 21.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.
Days on Market for 63348, MO
How long does it take to sell a home in 63348, MO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 61 Days | +7.7% |
Summary: Homes in 63348 had an average of 61 days on market in Nov 2024, up by 7.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 63348 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 63348; 41% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.