Saint Louis, MO 63104 Real Estate Market Report

ZIP Code: 63104
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

---

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

---

Property Taxes

---

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

---

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current market rates for 30-year fixed mortgages in Saint Louis, MO, are averaging approximately 6.37% as of May 2026, which remains elevated compared to the sub-6% levels observed earlier in the year.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. The primary indicator of market value is the median sold price 352,000, and recent transactional evidence combined with a up price year-over-year trend suggests moderate appreciation in realized prices.

2. There is a notable gap between the median listing price 520,400 and the median sold price 352,000, which may indicate pricing friction between seller expectations and recent transaction levels; elevated inventory relative to sales activity appears to be giving buyers more choice.

3. The median days on market 440 points to slower sales velocity, indicating transactions are taking longer to complete and liquidity is moderate despite stable pricing.

4. Rental and financing context is mixed: the median market rent 1,395 and a down rent year-over-year trend suggest softer near-term rent pressure, while interest rate pressure is moderate and current market rates for 30-year fixed mortgages are averaging approximately 6.37% as of May 2026, which may temper buyer purchasing power.

---

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Saint Louis, MO 63104 Real Estate Market Report

ZIP Code: 63104
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

---

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

---

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current market rates for 30-year fixed mortgages in Saint Louis, MO, are averaging approximately 6.37% as of May 2026, which remains elevated compared to the sub-6% levels observed earlier in the year.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. The primary market-value signal is the median sold price of $183,000, which indicates recent transaction-level market value; with the market temperature described as neutral, this sold-price level suggests stabilization even as year-over-year price direction is reported as up.

2. The gap between the median listing price of $179,900 and the median sold price of $183,000 suggests sellers are pricing relatively close to realized transaction values, which may indicate limited pricing friction and balanced pricing between buyer offers and seller expectations.

3. Liquidity appears constrained when measured by time-to-sale: the median days on market is 1,893, which should be interpreted as a signal of slower sales velocity in the sample and may indicate extended marketing periods for many listings despite overall market stability.

4. Macro headwinds include a median market rent of $1,400 and reported rent year-over-year trend as down, while interest-rate pressure is characterized as moderate; current market commentary notes 30-year fixed mortgage rates averaging approximately 6.37%, which may keep some buyer demand sensitive to financing costs.

---

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.