Is 63146, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63146 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 63146 has remained a Seller's Market.

Key Takeaway

63146 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63146, MO

How much do homes in 63146, MO cost?

Median Sold Price

$294,437

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,437(+5.2%)

Key Takeaway

Homes in 63146 have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in 63146 was $294,437 in March 2024, up 5.2% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $87.4K$90K
+2.9%
2 $170.7K$174K
+1.9%
3 $285K$305K
+7.0%
4 $350K$362.5K
+3.6%
5+ $352.5K$448K
+27.1%

Summary: 63146 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 27.1%.

Median Sold Price Compared To Nearby Zip Codes

63043
+8.6%
63017
+8.5%
63146
+5.2%
63132
-0.3%
63141
-1.5%

Housing Supply in 63146, MO

How many homes are available in 63146, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5563+14.5%

Summary: The 63146 real estate market had 63 homes for sale in March 2024, a 14.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 02
+100.0%
2 1925
+31.6%
3 2219
-13.6%
4 1111
0.0%
5+ 36
+100.0%

Summary: The 63146 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 31.6%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1521+40.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63146, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in 63146 in March 2024, up by 40.0% month-over-month. Of the 21 sold homes, 33% were sold under asking, 24% were sold at asking, and 43% were sold over asking.

Days on Market for 63146, MO

How long does it take to sell a home in 63146, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
32 Days21 Days-33.9%

Summary: Homes in 63146 had an average of 21 days on market in Mar 2024, down by 33.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63146 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 21 homes were sold in 63146; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% 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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