$3,266 Closing Credit*
$275,000
4 Beds
•3 Full Baths
Listing Office: Luetkenhaus Properties
Is 63348, 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, 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
$360,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,050(+5.9%)
Key Takeaway
Homes in 63348 have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in 63348 was $360,000 in October 2024, up 5.9% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $304.9K | $324.1K | +6.3% |
| 4 Bedrooms | $424.5K | $470K | +10.7% |
| 5+ Bedrooms | $602.5K | $579.5K | -3.8% |
Summary: 63348 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 did not change, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Zip Codes
| 63348 | $339.9K | $360K | +5.9% |
| 63385 | $375K | $369.9K | -1.4% |
Housing Supply in 63348, MO
How many homes are available in 63348, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 70 | 67 | -4.3% |
Summary: The 63348 real estate market had 67 homes for sale in October 2024, a 4.3% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 40 | 32 | -20.0% |
| 4 Bedrooms | 25 | 30 | +20.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 63348 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63348, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 63348 in October 2024, down by 26.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 49 Days | -3.4% |
Summary: Homes in 63348 had an average of 49 days on market in Oct 2024, down by 3.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 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 October 2024, 14 homes were sold in 63348; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.