Is 63301, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63301 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 63301 has remained a Seller's Market.

Key Takeaway

63301 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63301, MO

How much do homes in 63301, MO cost?

Median Sold Price

$310,275

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$35,275(+12.8%)

Key Takeaway

Homes in 63301 have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in 63301 was $310,275 in February 2024, up 12.8% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $83.5K$167.5K
+100.6%
2 $220K$235K
+6.8%
3 $270.8K$300.5K
+11.0%
4 $385K$401K
+4.2%
5+ $433K$527.5K
+21.8%

Summary: 63301 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 100.6%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 21.8%.

Housing Supply in 63301, MO

How many homes are available in 63301, MO?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
130128-1.5%

Summary: The 63301 real estate market had 128 homes for sale in February 2024, a 1.5% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1316
+23.1%
3 8777
-11.5%
4 2731
+14.8%
5+ 34
+33.3%

Summary: The 63301 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.1%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
4631-32.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63301, you could pay more than the asking price. 45.2% of homes here sold above asking price last month.

Summary: A total of 31 homes were sold or pending in 63301 in February 2024, down by 32.6% month-over-month. Of the 31 sold homes, 26% were sold under asking, 29% were sold at asking, and 45% were sold over asking.

Days on Market for 63301, MO

How long does it take to sell a home in 63301, MO?

Average Sale Time

Feb 2023Feb 2024CHANGE
34 Days35 Days+1.7%

Summary: Homes in 63301 had an average of 35 days on market in Feb 2024, up by 1.7% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63301 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 31 homes were sold in 63301; 71% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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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