Is 63025, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 63025 has remained a Seller's Market.
Housing Prices in 63025, MO
How much do homes in 63025, MO cost?
Median Sold Price
$405,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 63025 was $405,000 in March 2024, up 4.7% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $207.5K | N/A |
2 Bedrooms | $252K | $292K | +15.9% |
3 Bedrooms | $293.7K | $331.2K | +12.8% |
4 Bedrooms | $435.5K | $490K | +12.5% |
5+ Bedrooms | $600K | $575K | -4.2% |
Summary: 63025 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 15.9%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Zip Codes
63025 | $386.9K | $405K | +4.7% |
63088 | $260K | $261K | 0.4% |
63038 | $629.9K | $595K | -5.5% |
Housing Supply in 63025, MO
How many homes are available in 63025, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 59 | +15.7% |
Summary: The 63025 real estate market had 59 homes for sale in March 2024, a 15.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 20 | 27 | +35.0% |
4 Bedrooms | 17 | 19 | +11.8% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 63025 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 19 | +46.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 63025 in March 2024, up by 46.2% month-over-month. Of the 16 sold homes, 19% were sold under asking, 25% were sold at asking, and 56% were sold over asking.
Days on Market for 63025, MO
How long does it take to sell a home in 63025, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 28 Days | -49.0% |
Summary: Homes in 63025 had an average of 28 days on market in Mar 2024, down by 49% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 63025; 53% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.