Is 63042, 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, 63042 has remained a Seller's Market.
Housing Prices in 63042, MO
How much do homes in 63042, MO cost?
Median Sold Price
$154,966
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 63042 was $154,966 in March 2024, up 2.7% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $44K | $44.9K | +2.0% |
2 Bedrooms | $140K | $63.6K | -54.5% |
3 Bedrooms | $157.5K | $160K | +1.6% |
4 Bedrooms | $178.2K | $175K | -1.8% |
5+ Bedrooms | $215K | - | N/A |
Summary: 63042 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes decreased by 54.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes did not change.
Housing Supply in 63042, MO
How many homes are available in 63042, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 51 | -8.9% |
Summary: The 63042 real estate market had 51 homes for sale in March 2024, a 8.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 36 | 31 | -13.9% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 63042 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 11.1%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 12 | -50.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 63042 in March 2024, down by 50.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.
Days on Market for 63042, MO
How long does it take to sell a home in 63042, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 60 Days | +59.3% |
Summary: Homes in 63042 had an average of 60 days on market in Mar 2024, up by 59.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 63042; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.