Is 63126, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63126 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 63126 has remained a Seller's Market.

Key Takeaway

63126 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63126, MO

How much do homes in 63126, MO cost?

Median Sold Price

$304,750

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,839(+5.1%)

Key Takeaway

Homes in 63126 have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in 63126 was $304,750 in March 2024, up 5.1% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$186.2K
N/A
2 $225.2K$242.7K
+7.7%
3 $280K$305K
+8.9%
4 $377K$385K
+2.1%
5+ $411K$425K
+3.4%

Summary: 63126 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 3.4%.

Median Sold Price Compared To Nearby Zip Codes

63123
+9.3%
63122
+5.8%
63119
+5.3%
63126
+5.1%

Housing Supply in 63126, MO

How many homes are available in 63126, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3234+6.3%

Summary: The 63126 real estate market had 34 homes for sale in March 2024, a 6.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 2323
0.0%
4 44
0.0%
5+ 33
0.0%

Summary: The 63126 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63126, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 63126 in March 2024, up by 9.1% month-over-month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.

Days on Market for 63126, MO

How long does it take to sell a home in 63126, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
37 Days13 Days-63.3%

Summary: Homes in 63126 had an average of 13 days on market in Mar 2024, down by 63.3% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63126 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 12 homes were sold in 63126; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

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