Saint Louis, MO 63111 Real Estate Market Report

ZIP Code: 63111
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.

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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 are averaging 6.37%, which is 0.50% higher than the 5.87% average observed earlier in 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. The primary market value indicator is the median sold price of 129,900, which represents the most reliable signal of recent transaction activity in the ZIP and should be used to benchmark comps and underwriting assumptions.

2. There is a meaningful spread between the median listing price of 159,900 and the median sold price of 129,900, which may indicate pricing friction and elevated seller expectations relative to realized sale values; this gap suggests sellers may need to adjust pricing to align with closed transactions.

3. Market velocity appears slow given a median days on market of 411, which, combined with the listing/sold price gap, suggests slower sales velocity and the potential for longer marketing periods before contract ratification—buyers and investors should plan for extended hold or carrying costs.

4. Broader trend context supports modest strengthening: prices are reported as up year-over-year and rent is also up year-over-year, while market temperature is neutral and interest rate pressure is moderate; these signals imply cautious appreciation with balanced buyer-seller conditions rather than a runaway market.

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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.