Is 63114, 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, 63114 has remained a Seller's Market.
Key Takeaway
63114 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 63114, MO
How much do homes in 63114, MO cost?
Median Sold Price
$130,000
$114/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Key Takeaway
The sold price of homes in 63114 has remained the same since last year.
Summary: The median home sold price in 63114 was $130,000 in March 2024, the same as last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.7K | $53K | -27.1% |
| 2 Bedrooms | $112K | $119.9K | +7.1% |
| 3 Bedrooms | $140.3K | $150K | +6.9% |
| 4 Bedrooms | $179.9K | $155K | -13.9% |
| 5+ Bedrooms | $197.5K | $132K | -33.2% |
Summary: 63114 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.1%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 13.9%, and 5+ bedroom homes decreased by 33.2%.
Housing Supply in 63114, MO
How many homes are available in 63114, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 119 | 123 | +3.4% |
Summary: The 63114 real estate market had 123 homes for sale in March 2024, a 3.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 2 | -66.7% |
| 2 Bedrooms | 51 | 44 | -13.7% |
| 3 Bedrooms | 47 | 60 | +27.7% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 63114 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 13.7%, 3 bedroom homes increased by 27.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 40 | 46 | +15.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63114, you could pay more than the asking price. 43.5% of homes here sold above asking price last month.
Summary: A total of 46 homes were sold or pending in 63114 in March 2024, up by 15.0% month-over-month. Of the 46 sold homes, 39% were sold under asking, 17% were sold at asking, and 43% were sold over asking.
Days on Market for 63114, MO
How long does it take to sell a home in 63114, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 20 Days | 28 Days | +38.1% |
Summary: Homes in 63114 had an average of 28 days on market in Mar 2024, up by 38.1% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 63114 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 46 homes were sold in 63114; 74% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.