Is 63385, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 63385 has remained a Seller's Market.
Key Takeaway
63385 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 63385, MO
How much do homes in 63385, MO cost?
Median Sold Price
$371,533
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 63385 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 63385 was $371,533 in April 2024, up 2.2% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $291K | N/A |
| 2 Bedrooms | $224.7K | $260K | +15.7% |
| 3 Bedrooms | $325K | $333.7K | +2.7% |
| 4 Bedrooms | $404.9K | $420K | +3.7% |
| 5+ Bedrooms | $500K | $485K | -3.0% |
Summary: 63385 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 3%.
Housing Supply in 63385, MO
How many homes are available in 63385, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 184 | 191 | +3.8% |
Summary: The 63385 real estate market had 191 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 22 | +29.4% |
| 3 Bedrooms | 90 | 89 | -1.1% |
| 4 Bedrooms | 60 | 61 | +1.7% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The 63385 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 29.4%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 62 | 52 | -16.1% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 63385, you could pay more than the asking price. 42.3% of homes here sold above asking price last month.
Summary: A total of 52 homes were sold or pending in 63385 in April 2024, down by 16.1% month-over-month. Of the 52 sold homes, 38% were sold under asking, 19% were sold at asking, and 42% were sold over asking.
Days on Market for 63385, MO
How long does it take to sell a home in 63385, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 19 Days | -29.6% |
Summary: Homes in 63385 had an average of 19 days on market in Apr 2024, down by 29.6% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 63385 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 52 homes were sold in 63385; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.