Is 63043, 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, 63043 has remained a Seller's Market.
Housing Prices in 63043, MO
How much do homes in 63043, MO cost?
Median Sold Price
$249,833
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 63043 was $249,833 in March 2024, up 8.6% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152K | - | N/A |
2 Bedrooms | $174.7K | $175K | 0.1% |
3 Bedrooms | $233.5K | $251.5K | +7.7% |
4 Bedrooms | $273.7K | $300K | +9.6% |
5+ Bedrooms | $366.5K | $425K | +16.0% |
Summary: 63043 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 0.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 16%.
Housing Supply in 63043, MO
How many homes are available in 63043, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 47 | +11.9% |
Summary: The 63043 real estate market had 47 homes for sale in March 2024, a 11.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 6 | -33.3% |
3 Bedrooms | 25 | 33 | +32.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 63043 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 decreased by 33.3%, 3 bedroom homes increased by 32%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 22 | +46.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 63043 in March 2024, up by 46.7% month-over-month. Of the 22 sold homes, 23% were sold under asking, 14% were sold at asking, and 64% were sold over asking.
Days on Market for 63043, MO
How long does it take to sell a home in 63043, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 20 Days | -28.0% |
Summary: Homes in 63043 had an average of 20 days on market in Mar 2024, down by 28% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in 63043; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.