Is 63104, 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, 63104 was a Seller's Market.
Key Takeaway
63104 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 63104, MO
How much do homes in 63104, MO cost?
Median Sold Price
$327,450
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 63104 have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in 63104 was $327,450 in March 2024, down 3.4% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130.2K | $150K | +15.2% |
| 2 Bedrooms | $200K | $210K | +5.0% |
| 3 Bedrooms | $372.5K | $370K | -0.7% |
| 4 Bedrooms | $465K | $505K | +8.6% |
| 5+ Bedrooms | $515K | $557.5K | +8.3% |
Summary: 63104 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 8.3%.
Housing Supply in 63104, MO
How many homes are available in 63104, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 73 | 77 | +5.5% |
Summary: The 63104 real estate market had 77 homes for sale in March 2024, a 5.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 19 | 24 | +26.3% |
| 3 Bedrooms | 30 | 30 | 0.0% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 63104 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 26.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63104, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 63104 in March 2024, down by 29.4% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for 63104, MO
How long does it take to sell a home in 63104, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 46 Days | +33.2% |
Summary: Homes in 63104 had an average of 46 days on market in Mar 2024, up by 33.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 63104 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in 63104; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.