Is 63128, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63128 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 63128 has remained a Seller's Market.

Key Takeaway

63128 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63128, MO

How much do homes in 63128, MO cost?

Median Sold Price

$339,500

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$28,094(+9.0%)

Key Takeaway

Homes in 63128 have sold for 9% more than they did a year ago.

Summary: The median home sold price in 63128 was $339,500 in April 2024, up 9% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $97.5K$110K
+12.8%
2 $190K$196K
+3.2%
3 $305K$315.4K
+3.4%
4 $370K$418K
+13.0%
5+ $470K$580K
+23.4%

Summary: 63128 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 23.4%.

Median Sold Price Compared To Nearby Zip Codes

63127
+24.8%
63026
+17.6%
63128
+9.0%
63129
+4.7%
63126
+2.5%

Housing Supply in 63128, MO

How many homes are available in 63128, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7685+11.8%

Summary: The 63128 real estate market had 85 homes for sale in April 2024, a 11.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 1817
-5.6%
3 2935
+20.7%
4 2226
+18.2%
5+ 55
0.0%

Summary: The 63128 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2827-3.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63128, you could pay more than the asking price. 59.3% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in 63128 in April 2024, down by 3.6% month-over-month. Of the 27 sold homes, 30% were sold under asking, 11% were sold at asking, and 59% were sold over asking.

Days on Market for 63128, MO

How long does it take to sell a home in 63128, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
17 Days16 Days-5.8%

Summary: Homes in 63128 had an average of 16 days on market in Apr 2024, down by 5.8% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63128 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 27 homes were sold in 63128; 85% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 7% 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 4 Days Ago

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