Is 63129, 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, 63129 has remained a Seller's Market.
Key Takeaway
63129 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 63129, MO
How much do homes in 63129, MO cost?
Median Sold Price
$302,333
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 63129 have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in 63129 was $302,333 in March 2024, up 5.9% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $85K | -19.0% |
| 2 Bedrooms | $165K | $183.2K | +11.1% |
| 3 Bedrooms | $280K | $299.2K | +6.9% |
| 4 Bedrooms | $385K | $399.9K | +3.9% |
| 5+ Bedrooms | $447K | $446.1K | -0.2% |
Summary: 63129 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 0.2%.
Housing Supply in 63129, MO
How many homes are available in 63129, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 101 | 113 | +11.9% |
Summary: The 63129 real estate market had 113 homes for sale in March 2024, a 11.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 28 | 35 | +25.0% |
| 3 Bedrooms | 42 | 44 | +4.8% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 63129 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 25%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 42 | +31.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63129, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 42 homes were sold or pending in 63129 in March 2024, up by 31.3% month-over-month. Of the 42 sold homes, 24% were sold under asking, 19% were sold at asking, and 57% were sold over asking.
Days on Market for 63129, MO
How long does it take to sell a home in 63129, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 29 Days | 17 Days | -39.2% |
Summary: Homes in 63129 had an average of 17 days on market in Mar 2024, down by 39.2% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 63129 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 42 homes were sold in 63129; 79% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.