Is 63017, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63017 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 63017 has remained a Seller's Market.

Key Takeaway

63017 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63017, MO

How much do homes in 63017, MO cost?

Median Sold Price

$499,250

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$39,250(+8.5%)

Key Takeaway

Homes in 63017 have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in 63017 was $499,250 in March 2024, up 8.5% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$205K
N/A
2 $243K$250K
+2.9%
3 $430K$439.5K
+2.2%
4 $490K$550K
+12.2%
5+ $621.6K$639K
+2.8%

Summary: 63017 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Zip Codes

63131
+14.2%
63017
+8.5%
63011
+7.9%
63146
+5.2%
63141
-1.5%

Housing Supply in 63017, MO

How many homes are available in 63017, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
93109+17.2%

Summary: The 63017 real estate market had 109 homes for sale in March 2024, a 17.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2025
+25.0%
3 2734
+25.9%
4 3637
+2.8%
5+ 1013
+30.0%

Summary: The 63017 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 30%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2641+57.7%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63017, you could pay more than the asking price. 48.8% of homes here sold above asking price last month.

Summary: A total of 41 homes were sold or pending in 63017 in March 2024, up by 57.7% month-over-month. Of the 41 sold homes, 39% were sold under asking, 12% were sold at asking, and 49% were sold over asking.

Days on Market for 63017, MO

How long does it take to sell a home in 63017, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
24 Days27 Days+14.1%

Summary: Homes in 63017 had an average of 27 days on market in Mar 2024, up by 14.1% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63017 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 41 homes were sold in 63017; 71% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 7% 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 27 Days Ago

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