Is 63132, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63132 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 63132 has remained a Seller's Market.

Key Takeaway

63132 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63132, MO

How much do homes in 63132, MO cost?

Median Sold Price

$382,500

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$1,250(-0.3%)

Key Takeaway

The sold price of homes in 63132 has remained the same since last year.

Summary: The median home sold price in 63132 was $382,500 in March 2024, down 0.3% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$131K
N/A
2 $118.5K$132K
+11.4%
3 $336.8K$352.5K
+4.7%
4 $599.1K$737.5K
+23.1%
5+ $921.9K$1.2M
+30.3%

Summary: 63132 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 11.4%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 30.3%.

Median Sold Price Compared To Nearby Zip Codes

63124
+9.3%
63114
0.0%
63132
-0.3%
63141
-1.5%
63130
-12.9%

Housing Supply in 63132, MO

How many homes are available in 63132, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3438+11.8%

Summary: The 63132 real estate market had 38 homes for sale in March 2024, a 11.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 73
-57.1%
3 1017
+70.0%
4 1010
0.0%
5+ 78
+14.3%

Summary: The 63132 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 decreased by 57.1%, 3 bedroom homes increased by 70%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63132, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 63132 in March 2024, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for 63132, MO

How long does it take to sell a home in 63132, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
33 Days65 Days+94.8%

Summary: Homes in 63132 had an average of 65 days on market in Mar 2024, up by 94.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 63132 has remained consistent over time.

Summary: During March 2024, 7 homes were sold in 63132; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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 28 Days Ago

Newest Listings in 63132, MO

Nearby Markets to 63132, MO