Is 63118, 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, 63118 has remained a Seller's Market.
Housing Prices in 63118, MO
How much do homes in 63118, MO cost?
Median Sold Price
$236,591
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 63118 was $236,591 in March 2024, up 7.4% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $86K | $82K | -4.7% |
2 Bedrooms | $160.1K | $157.5K | -1.7% |
3 Bedrooms | $276.4K | $276.9K | 0.2% |
4 Bedrooms | $320K | $295K | -7.8% |
5+ Bedrooms | $410K | $397.5K | -3.0% |
Summary: 63118 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes decreased by 3%.
Housing Supply in 63118, MO
How many homes are available in 63118, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 104 | +15.6% |
Summary: The 63118 real estate market had 104 homes for sale in March 2024, a 15.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 25 | 32 | +28.0% |
3 Bedrooms | 45 | 49 | +8.9% |
4 Bedrooms | 14 | 16 | +14.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 63118 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 28%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 23 | -4.2% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 63118 in March 2024, down by 4.2% month-over-month. Of the 23 sold homes, 87% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for 63118, MO
How long does it take to sell a home in 63118, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 63 Days | +59.3% |
Summary: Homes in 63118 had an average of 63 days on market in Mar 2024, up by 59.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 63118; 48% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.