Is 63146, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 63146 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 63146 has remained a Seller's Market.

Key Takeaway

63146 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 63146, MO

How much do homes in 63146, MO cost?

Median Sold Price

$290,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,000(+1.8%)

Key Takeaway

Homes in 63146 have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in 63146 was $290,000 in May 2024, up 1.8% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $85K$98K
+15.3%
2 $175K$167.7K
-4.1%
3 $285K$315K
+10.5%
4 $350K$363.2K
+3.8%
5+ $350K$446K
+27.4%

Summary: 63146 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 27.4%.

Median Sold Price Compared To Nearby Zip Codes

63141
+10.8%
63043
+10.0%
63132
+9.1%
63017
+7.2%
63146
+1.8%

Housing Supply in 63146, MO

How many homes are available in 63146, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
97113+16.5%

Summary: The 63146 real estate market had 113 homes for sale in May 2024, a 16.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 21
-50.0%
2 3026
-13.3%
3 4157
+39.0%
4 1822
+22.2%
5+ 67
+16.7%

Summary: The 63146 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 39%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3040+33.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 63146, you could pay more than the asking price. 57.5% of homes here sold above asking price last month.

Summary: A total of 40 homes were sold or pending in 63146 in May 2024, up by 33.3% month-over-month. Of the 40 sold homes, 28% were sold under asking, 15% were sold at asking, and 57% were sold over asking.

Days on Market for 63146, MO

How long does it take to sell a home in 63146, MO?

Average Sale Time

May 2023May 2024CHANGE
23 Days15 Days-33.9%

Summary: Homes in 63146 had an average of 15 days on market in May 2024, down by 33.9% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 63146 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 40 homes were sold in 63146; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 3% 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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