Is 63136, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63136 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 63136 has remained a Seller's Market.

Key Takeaway

63136 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63136, MO

How much do homes in 63136, MO cost?

Median Sold Price

$69,702

$71/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$12,797(-15.5%)

Key Takeaway

Homes in 63136 have sold for 15.5% less than they did a year ago.

Summary: The median home sold price in 63136 was $69,702 in March 2024, down 15.5% from last year, and the median price per square foot was $71.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $40K$20K
-50.0%
2 $50K$49.9K
-0.2%
3 $105.6K$82.1K
-22.2%
4 $120K$124.9K
+4.1%
5+ $117.5K$260K
+121.3%

Summary: 63136 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 121.3%.

Median Sold Price Compared To Nearby Zip Codes

63137
-8.5%
63135
-14.3%
63121
-15.1%
63136
-15.5%

Housing Supply in 63136, MO

How many homes are available in 63136, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
234237+1.3%

Summary: The 63136 real estate market had 237 homes for sale in March 2024, a 1.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 44
0.0%
2 8579
-7.1%
3 127129
+1.6%
4 1622
+37.5%
5+ 23
+50.0%

Summary: The 63136 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 7.1%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
6165+6.6%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63136, you may be able to get a good deal. 55.4% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in 63136 in March 2024, up by 6.6% month-over-month. Of the 65 sold homes, 55% were sold under asking, 20% were sold at asking, and 25% were sold over asking.

Days on Market for 63136, MO

How long does it take to sell a home in 63136, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
46 Days57 Days+23.7%

Summary: Homes in 63136 had an average of 57 days on market in Mar 2024, up by 23.7% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63136 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 65 homes were sold in 63136; 51% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 20% 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 24 Days Ago

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