Is 63303, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 63303 has remained a Seller's Market.
Key Takeaway
63303 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 63303, MO
How much do homes in 63303, MO cost?
Median Sold Price
$317,750
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 63303 have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in 63303 was $317,750 in March 2024, up 5.6% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $130.2K | +18.4% |
| 2 Bedrooms | $190K | $210.2K | +10.7% |
| 3 Bedrooms | $291.3K | $306.8K | +5.3% |
| 4 Bedrooms | $401K | $420K | +4.7% |
| 5+ Bedrooms | $520K | $475K | -8.7% |
Summary: 63303 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.4%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 8.7%.
Housing Supply in 63303, MO
How many homes are available in 63303, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 98 | 96 | -2.0% |
Summary: The 63303 real estate market had 96 homes for sale in March 2024, a 2.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 17 | 20 | +17.6% |
| 3 Bedrooms | 48 | 37 | -22.9% |
| 4 Bedrooms | 25 | 31 | +24.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 63303 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 17.6%, 3 bedroom homes decreased by 22.9%, 4 bedroom homes increased by 24%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 41 | 39 | -4.9% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63303, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 39 homes were sold or pending in 63303 in March 2024, down by 4.9% month-over-month. Of the 39 sold homes, 41% were sold under asking, 13% were sold at asking, and 46% were sold over asking.
Days on Market for 63303, MO
How long does it take to sell a home in 63303, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 16 Days | 24 Days | +45.0% |
Summary: Homes in 63303 had an average of 24 days on market in Mar 2024, up by 45% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 63303 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 39 homes were sold in 63303; 67% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.