Is 63141, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63141 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 63141 has remained a Seller's Market.

Key Takeaway

63141 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63141, MO

How much do homes in 63141, MO cost?

Median Sold Price

$502,500

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$7,450(-1.5%)

Key Takeaway

Homes in 63141 have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in 63141 was $502,500 in March 2024, down 1.5% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $99K$140K
+41.4%
2 $235K$235.4K
0.2%
3 $366.7K$415K
+13.2%
4 $715K$630K
-11.9%
5+ $950K$983.5K
+3.5%

Summary: 63141 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.4%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Zip Codes

63131
+14.2%
63017
+8.5%
63146
+5.2%
63132
-0.3%
63141
-1.5%

Housing Supply in 63141, MO

How many homes are available in 63141, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5571+29.1%

Summary: The 63141 real estate market had 71 homes for sale in March 2024, a 29.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 713
+85.7%
3 1522
+46.7%
4 2222
0.0%
5+ 811
+37.5%

Summary: The 63141 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 85.7%, 3 bedroom homes increased by 46.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1518+20.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63141, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 63141 in March 2024, up by 20.0% month-over-month. Of the 18 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.

Days on Market for 63141, MO

How long does it take to sell a home in 63141, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
38 Days30 Days-22.8%

Summary: Homes in 63141 had an average of 30 days on market in Mar 2024, down by 22.8% compared to last year.

Breakdown of Home Sale Times

13 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

Many homes in 63141 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 18 homes were sold in 63141; 72% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 11% 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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