Is 63102, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63102 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 63102 has remained a Seller's Market.

Key Takeaway

63102 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63102, MO

How much do homes in 63102, MO cost?

Median Sold Price

$140,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$10,000(-6.7%)

Key Takeaway

Homes in 63102 have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in 63102 was $140,000 in March 2024, down 6.7% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $115.5K$126.2K
+9.3%
2 $160K$154.9K
-3.2%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: 63102 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

63101
-3.4%
63104
-3.4%
63102
-6.7%
63103
-16.1%

Housing Supply in 63102, MO

How many homes are available in 63102, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
67+16.7%

Summary: The 63102 real estate market had 7 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 44
0.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 63102 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63102, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 63102 in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 63102, MO

How long does it take to sell a home in 63102, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
51 Days80 Days+58.2%

Summary: Homes in 63102 had an average of 80 days on market in Mar 2024, up by 58.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63102 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in 63102; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

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