Saint Louis, MO 63111 Real Estate Market Report

ZIP Code: 63111
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Saint Louis, MO (ZIP: 63111) is currently $135,000, reflecting a stable market with moderate price appreciation. This indicates a consistent demand for properties, despite the $164,900 median listing price suggesting some pricing friction between seller expectations and actual transaction values. The neighborhood has experienced an upward trend in prices, which may indicate a strengthening market overall.

Current market conditions show elevated inventory levels, with a median days on market of 311 days, suggesting slower sales velocity. While the market temperature is classified as neutral, the combination of stable mortgage rates averaging 6.43% and a diverse local economy supports ongoing demand. However, the elevated inventory relative to sales activity may lead to a cautious approach for buyers and sellers alike.

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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.

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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.

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Rental Market

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Property Taxes

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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.

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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 30-year fixed mortgage rates in Saint Louis MO 63111 are averaging 6.43% as of March 20, 2026, which is 1.2% higher than the average rate of 5.2% seen in early 2026.

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

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Key Findings

1. $135,000 median sold price indicates a stable market with moderate price appreciation.

2. 311 days median days on market suggests slower sales velocity and potential pricing friction.

3. $164,900 median listing price reflects seller expectations that may not align with current buyer activity.

4. 1.03% property tax rate may influence overall affordability and buyer sentiment in the market.

5. $1,294 median market rent indicates a robust rental market, supporting demand for home purchases.

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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.