Is 63368, 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, 63368 has remained a Seller's Market.
Key Takeaway
63368 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 63368, MO
How much do homes in 63368, MO cost?
Median Sold Price
$371,695
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 63368 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 63368 was $371,695 in March 2024, up 7.7% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $527.1K | N/A |
| 2 Bedrooms | $208.2K | $239.5K | +15.0% |
| 3 Bedrooms | $310K | $335.2K | +8.1% |
| 4 Bedrooms | $422K | $462.7K | +9.7% |
| 5+ Bedrooms | $575K | $540K | -6.1% |
Summary: 63368 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 6.1%.
Housing Supply in 63368, MO
How many homes are available in 63368, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 112 | 115 | +2.7% |
Summary: The 63368 real estate market had 115 homes for sale in March 2024, a 2.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 17 | -10.5% |
| 3 Bedrooms | 40 | 46 | +15.0% |
| 4 Bedrooms | 41 | 42 | +2.4% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The 63368 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 10.5%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 46 | +48.4% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63368, expect to pay close to the asking price. 39.1% of homes here sold near the asking price last month.
Summary: A total of 46 homes were sold or pending in 63368 in March 2024, up by 48.4% month-over-month. Of the 46 sold homes, 30% were sold under asking, 39% were sold at asking, and 30% were sold over asking.
Days on Market for 63368, MO
How long does it take to sell a home in 63368, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 25 Days | 16 Days | -34.1% |
Summary: Homes in 63368 had an average of 16 days on market in Mar 2024, down by 34.1% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 63368 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 46 homes were sold in 63368; 80% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.