Is 63125, 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, 63125 has remained a Seller's Market.
Key Takeaway
63125 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 63125, MO
How much do homes in 63125, MO cost?
Median Sold Price
$182,600
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 63125 have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in 63125 was $182,600 in March 2024, up 7.4% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72.5K | $75K | +3.4% |
| 2 Bedrooms | $145.6K | $160K | +9.9% |
| 3 Bedrooms | $215K | $221K | +2.8% |
| 4 Bedrooms | $236.7K | $250K | +5.6% |
| 5+ Bedrooms | $250K | $290K | +16.0% |
Summary: 63125 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 16%.
Housing Supply in 63125, MO
How many homes are available in 63125, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 100 | 105 | +5.0% |
Summary: The 63125 real estate market had 105 homes for sale in March 2024, a 5.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 45 | 52 | +15.6% |
| 3 Bedrooms | 42 | 39 | -7.1% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 63125 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 15.6%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 36 | +9.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63125, you could pay more than the asking price. 52.8% of homes here sold above asking price last month.
Summary: A total of 36 homes were sold or pending in 63125 in March 2024, up by 9.1% month-over-month. Of the 36 sold homes, 33% were sold under asking, 14% were sold at asking, and 53% were sold over asking.
Days on Market for 63125, MO
How long does it take to sell a home in 63125, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 33 Days | 18 Days | -45.2% |
Summary: Homes in 63125 had an average of 18 days on market in Mar 2024, down by 45.2% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 63125 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 36 homes were sold in 63125; 75% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.