Is 63304, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63304 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 63304 has remained a Seller's Market.

Key Takeaway

63304 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63304, MO

How much do homes in 63304, MO cost?

Median Sold Price

$370,050

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$28,550(+8.4%)

Key Takeaway

Homes in 63304 have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in 63304 was $370,050 in April 2024, up 8.4% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $174K$180K
+3.4%
2 $195K$207.5K
+6.4%
3 $310K$340K
+9.7%
4 $389.9K$435K
+11.6%
5+ $559K$655K
+17.2%

Summary: 63304 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 17.2%.

Median Sold Price Compared To Nearby Zip Codes

63304
+8.4%
63368
+7.7%
63376
+6.8%
63303
+6.7%

Housing Supply in 63304, MO

How many homes are available in 63304, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
92113+22.8%

Summary: The 63304 real estate market had 113 homes for sale in April 2024, a 22.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 1110
-9.1%
3 3850
+31.6%
4 3445
+32.4%
5+ 66
0.0%

Summary: The 63304 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 32.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2843+53.6%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63304, you could pay more than the asking price. 48.8% of homes here sold above asking price last month.

Summary: A total of 43 homes were sold or pending in 63304 in April 2024, up by 53.6% month-over-month. Of the 43 sold homes, 40% were sold under asking, 12% were sold at asking, and 49% were sold over asking.

Days on Market for 63304, MO

How long does it take to sell a home in 63304, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
14 Days17 Days+18.7%

Summary: Homes in 63304 had an average of 17 days on market in Apr 2024, up by 18.7% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63304 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 43 homes were sold in 63304; 72% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 2% 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 1 Day Ago

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