Is 63111, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 63111 has remained a Seller's Market.
Housing Prices in 63111, MO
How much do homes in 63111, MO cost?
Median Sold Price
$127,500
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 63111 was $127,500 in March 2024, up 6.3% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $57.5K | $70K | +21.7% |
2 Bedrooms | $108.7K | $122K | +12.2% |
3 Bedrooms | $148K | $160K | +8.1% |
4 Bedrooms | $170K | $189K | +11.2% |
5+ Bedrooms | $162.5K | $135K | -16.9% |
Summary: 63111 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.7%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes decreased by 16.9%.
Housing Supply in 63111, MO
How many homes are available in 63111, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
63 | 80 | +27.0% |
Summary: The 63111 real estate market had 80 homes for sale in March 2024, a 27.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 28 | 38 | +35.7% |
3 Bedrooms | 22 | 26 | +18.2% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 63111 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 35.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 63111 in March 2024, up by 70.0% month-over-month. Of the 17 sold homes, 53% were sold under asking, 18% were sold at asking, and 29% were sold over asking.
Days on Market for 63111, MO
How long does it take to sell a home in 63111, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 43 Days | -20.8% |
Summary: Homes in 63111 had an average of 43 days on market in Mar 2024, down by 20.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 63111; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.