GemHausNew report

Market Snapshot

Median listing price
$358K

The median listing price in Saint Louis, MO ZIP 63104 is $357,500 as of June 2026.

Median rent
$1,350/mo

The median market rent in Saint Louis, MO ZIP 63104 is $1,350/month as of June 2026.

Days on market
410 days

The median days on market in Saint Louis, MO ZIP 63104 is 410 days as of June 2026. The market is currently neutral.

Gross rental yield
4.53%

At a median list price of $357,500 and a median rent of $1,350/month, the gross rental yield in Saint Louis, MO ZIP 63104 is 4.53% as of June 2026.

STR vs LTR
$1,581/mo STR · $1,350/mo LTR

In Saint Louis, MO ZIP 63104, median Airbnb revenue is $1,581/month compared to median long-term rent of $1,350/month as of June 2026.

Saint Louis, MO 63104 Real Estate Market Report

ZIP Code: 63104

Report Date: June 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.

Analysis Window
90 Days
Total Properties Analyzed
45
Active Listings
30
Sold Properties
15

Market Metrics

Median Listing Price
$357,500
Median Sold Price
$339,000
Median Price per Sqft
$179/sqft

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

Median Market Rent
$1,350

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

Property Tax Rate
1.26%

Liquidity & Velocity

Median Days on Market
410
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Saint Louis, MO, are averaging approximately 6.6% as of June 2026, reflecting the prevailing market environment for property owners in this area.

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


Key Findings

  1. $339,000 is the median sold price and therefore the primary indicator of recent market value in 63104; with the median listing price at $357,500, sellers appear to be positioning inventory above recent transaction levels, which may indicate pricing friction between ask and achieved sale prices.
  2. The market shows moderate appreciation signals—price year-over-year trend is up—but market temperature is neutral, suggesting the area is balanced rather than strongly favoring buyers or sellers; consider pricing offers competitively to match the pace of recent sales. neutral
  3. Liquidity appears muted: the median days on market is 410, which points to slower sales velocity and longer time-to-close on typical transactions; this can increase carrying costs for sellers and create negotiation leverage for buyers. down
  4. Rents and interest-rate context support steady demand: median market rent is $1,350 and rent year-over-year trend is up, while interest rate pressure is moderate with local 30-year fixed rates around prevailing market levels; investors should weigh rising rents against financing cost sensitivity when underwriting deals. up

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.

Recent Transactions

2327 S 12th St, Saint Louis, MO 63104
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

7 beds1 baths3,294 sqft
$650,000
Apr 1, 2026
$197/sqft/sqft
104 days on market
1310 Mackay Pl, Saint Louis, MO 63104
Premium

Sold above market average

3 beds1 baths1,764 sqft
$557,500
Apr 1, 2026
$316/sqft/sqft
1823 days on market
2846 Accomac St, Saint Louis, MO 63104
Market Benchmark

Sold at market average

- beds1 baths2,996 sqft
$530,000
Apr 1, 2026
$177/sqft/sqft
1225-1227 Mackay Pl, Saint Louis, MO 63104
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,856 sqft
$380,000
Mar 1, 2026
$205/sqft/sqft
382 days on market
2320 Louisiana Ave, Saint Louis, MO 63104
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,700 sqft
$355,000
Apr 1, 2026
$209/sqft/sqft
3155 days on market
2748 Accomac St, Saint Louis, MO 63104
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths2,256 sqft
$350,000
Mar 1, 2026
$155/sqft/sqft
2979 days on market
2004 Nebraska Ave, Saint Louis, MO 63104
Market Benchmark

Sold at market average

3 beds1 baths1,392 sqft
$240,000
Mar 1, 2026
$172/sqft/sqft
252 days on market
1840 S 10th St, Saint Louis, MO 63104
Value

Sold below market average

3 beds1 baths1,344 sqft
$190,000
Apr 1, 2026
$141/sqft/sqft
3874 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$823/mo
63104 Avg Rent
63104 Cost to Own
Rent$1,350
Own$2,173

20% down, 6.53% rate, 1.3% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

63104 Avg nightly rate
63104 Avg occupancy (days/year)
Nightly rate$135/night
Occupancy122 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

GemHaus

Get personalized market intelligence

Explore real-time property analysis in Saint Louis, MO: valuations, rental estimates, costs, and pro-forma projections.

Nearby Market Reports