Is 63044, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63044 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 63044 has remained a Seller's Market.

Key Takeaway

63044 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63044, MO

How much do homes in 63044, MO cost?

Median Sold Price

$245,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,000(+4.3%)

Key Takeaway

Homes in 63044 have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in 63044 was $245,000 in March 2024, up 4.3% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $66K$87.8K
+33.1%
2 $100K$108K
+8.0%
3 $238.5K$272K
+14.0%
4 $320K$295K
-7.8%
5+ $364.5K$420K
+15.2%

Summary: 63044 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.1%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 15.2%.

Median Sold Price Compared To Nearby Zip Codes

63074
+10.4%
63043
+8.6%
63044
+4.3%
63042
+2.7%

Housing Supply in 63044, MO

How many homes are available in 63044, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2023+15.0%

Summary: The 63044 real estate market had 23 homes for sale in March 2024, a 15.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 1010
0.0%
4 68
+33.3%
5+ 00
0.0%

Summary: The 63044 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 remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63044, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in 63044 in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.

Days on Market for 63044, MO

How long does it take to sell a home in 63044, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
31 Days20 Days-35.8%

Summary: Homes in 63044 had an average of 20 days on market in Mar 2024, down by 35.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63044 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 8 homes were sold in 63044; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in 63044, MO

Nearby Markets to 63044, MO