MO · Metro #21

St. Louis - MO housing market

The St. Louis metro has a typical home value of $273,427, up 2.8% from a year ago. Homes are moving fast at 8 days on market - a strong seller's market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$273,427
+2.8% vs. year ago
Median sale price
$268,644
+9.0% YoY
Median list price
$243,567
Sale-to-list ratio
98.5%
Selling below ask
Days on market
8d
Listings w/ price cut
21.4%
New listings / mo
3,138
+2.2% YoY
Homes for sale
7,017
+6.6% YoY
Typical rent
$1,436/mo
+3.5% YoY
Context

How to read this data

The typical home value ($273,427) is the Zillow Home Value Index for the St. Louis - MO metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.8% over the past year. In St. Louis - MO, that means a home worth $265,980 last year is now worth roughly $273,427.

The median sale price , what homes actually close for , is $268,644. Homes are selling at 98.5% of list price, meaning buyers have room to negotiate.

Homes listed in St. Louis - MO sit on the market for roughly 8 days before going pending. Shorter = seller's market; longer = buyer's market.

About 21.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 3,138 new listings hit the market each month in St. Louis - MO. There are currently 7,017 homes for sale, up 6.6% from a year ago.

The typical monthly rent in St. Louis - MO is $1,436, up 3.5% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in MO

MetroHome value1-yr changeDays on market
Kansas City - MO$326,895 +3.3% 7.0d
Springfield - MO$270,284 +2.2% 19.0d
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