Is 63031, 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, 63031 has remained a Seller's Market.
Housing Prices in 63031, MO
How much do homes in 63031, MO cost?
Median Sold Price
$156,800
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 63031 was $156,800 in March 2024, down 5.6% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $54.9K | $58K | +5.6% |
2 Bedrooms | $122.5K | $129.9K | +6.1% |
3 Bedrooms | $170K | $160K | -5.9% |
4 Bedrooms | $225K | $210K | -6.7% |
5+ Bedrooms | $250K | $193.8K | -22.5% |
Summary: 63031 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 22.5%.
Housing Supply in 63031, MO
How many homes are available in 63031, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
149 | 160 | +7.4% |
Summary: The 63031 real estate market had 160 homes for sale in March 2024, a 7.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 25 | 28 | +12.0% |
3 Bedrooms | 109 | 113 | +3.7% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 63031 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 55 | +5.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 55 homes were sold or pending in 63031 in March 2024, up by 5.8% month-over-month. Of the 55 sold homes, 33% were sold under asking, 22% were sold at asking, and 45% were sold over asking.
Days on Market for 63031, MO
How long does it take to sell a home in 63031, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 35 Days | -5.4% |
Summary: Homes in 63031 had an average of 35 days on market in Mar 2024, down by 5.4% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 55 homes were sold in 63031; 64% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.