Is 63101, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 63101 was a Seller's Market.
Key Takeaway
63101 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 63101, MO
How much do homes in 63101, MO cost?
Median Sold Price
$173,750
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 63101 have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in 63101 was $173,750 in March 2024, down 3.4% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $146.5K | $158.4K | +8.2% |
| 2 Bedrooms | $198.7K | $190K | -4.4% |
| 3 Bedrooms | $537K | $416.2K | -22.5% |
| 4 Bedrooms | $440K | $500K | +13.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: 63101 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 22.5%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 63101 | $179.9K | $173.7K | -3.4% |
| 63102 | $150K | $140K | -6.7% |
| 63103 | $155K | $130K | -16.1% |
Housing Supply in 63101, MO
How many homes are available in 63101, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 34 | +25.9% |
Summary: The 63101 real estate market had 34 homes for sale in March 2024, a 25.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 12 | +50.0% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 63101 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 18.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63101, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 63101 in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 63101, MO
How long does it take to sell a home in 63101, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 64 Days | 120 Days | +86.8% |
Summary: Homes in 63101 had an average of 120 days on market in Mar 2024, up by 86.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 63101 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 4 homes were sold in 63101; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.