Is 63108, 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, 63108 was a Seller's Market.
Key Takeaway
63108 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 63108, MO
How much do homes in 63108, MO cost?
Median Sold Price
$349,966
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 63108 have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in 63108 was $349,966 in March 2024, up 6.6% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $218.5K | $212K | -3.0% |
| 2 Bedrooms | $283.2K | $305K | +7.7% |
| 3 Bedrooms | $405K | $460K | +13.6% |
| 4 Bedrooms | $597.5K | $700K | +17.2% |
| 5+ Bedrooms | $612K | $665K | +8.7% |
Summary: 63108 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 8.7%.
Housing Supply in 63108, MO
How many homes are available in 63108, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 93 | 113 | +21.5% |
Summary: The 63108 real estate market had 113 homes for sale in March 2024, a 21.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 23 | +76.9% |
| 2 Bedrooms | 29 | 38 | +31.0% |
| 3 Bedrooms | 27 | 25 | -7.4% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The 63108 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 76.9%, 2 bedroom homes increased by 31%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 12 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63108, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 63108 in March 2024, down by 33.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 63108, MO
How long does it take to sell a home in 63108, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 67 Days | 55 Days | -17.3% |
Summary: Homes in 63108 had an average of 55 days on market in Mar 2024, down by 17.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 63108 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in 63108; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.