Is 63120, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 63120 has remained a Seller's Market.
Key Takeaway
63120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 63120, MO
How much do homes in 63120, MO cost?
Median Sold Price
$39,000
$37/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 63120 have sold for 30% more than they did a year ago.
Summary: The median home sold price in 63120 was $39,000 in April 2024, up 30% from last year, and the median price per square foot was $37.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $21K | $12K | -42.9% |
| 2 Bedrooms | $25.7K | $32.2K | +25.2% |
| 3 Bedrooms | $37K | $46.5K | +25.7% |
| 4 Bedrooms | $29K | $104.9K | +261.9% |
| 5+ Bedrooms | - | $50K | N/A |
Summary: 63120 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 25.2%, 3 bedroom homes increased by 25.7%, 4 bedroom homes increased by 261.9%, and 5+ bedroom homes did not change.
Housing Supply in 63120, MO
How many homes are available in 63120, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 40 | +17.6% |
Summary: The 63120 real estate market had 40 homes for sale in April 2024, a 17.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 16 | 23 | +43.8% |
| 3 Bedrooms | 10 | 8 | -20.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 63120 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 43.8%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63120, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 63120 in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for 63120, MO
How long does it take to sell a home in 63120, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 49 Days | +0.9% |
Summary: Homes in 63120 had an average of 49 days on market in Apr 2024, up by 0.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 63120 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in 63120; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.