Is 63367, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63367 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 63367 has remained a Seller's Market.

Key Takeaway

63367 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63367, MO

How much do homes in 63367, MO cost?

Median Sold Price

$402,500

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$16,546(+4.3%)

Key Takeaway

Homes in 63367 have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in 63367 was $402,500 in March 2024, up 4.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $127.3K$103K
-19.1%
2 $235.5K$250K
+6.2%
3 $342.5K$330K
-3.6%
4 $440K$500K
+13.6%
5+ $588K$625K
+6.3%

Summary: 63367 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.1%, 2 bedroom homes increased by 6.2%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Zip Codes

63368
+7.7%
63366
+6.6%
63367
+4.3%
63385
+4.2%

Housing Supply in 63367, MO

How many homes are available in 63367, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9189-2.2%

Summary: The 63367 real estate market had 89 homes for sale in March 2024, a 2.2% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1412
-14.3%
3 3631
-13.9%
4 2834
+21.4%
5+ 1312
-7.7%

Summary: The 63367 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 decreased by 14.3%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3731-16.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63367, you may be able to get a good deal. 41.9% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 63367 in March 2024, down by 16.2% month-over-month. Of the 31 sold homes, 42% were sold under asking, 23% were sold at asking, and 35% were sold over asking.

Days on Market for 63367, MO

How long does it take to sell a home in 63367, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
26 Days32 Days+18.8%

Summary: Homes in 63367 had an average of 32 days on market in Mar 2024, up by 18.8% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63367 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 31 homes were sold in 63367; 77% of homes were sold within 30 days, 6% 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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