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Market Snapshot

Median listing price
$200K

The median listing price in Saint Louis, MO ZIP 63116 is $199,900 as of July 2026.

Median rent
$1,000/mo

The median market rent in Saint Louis, MO ZIP 63116 is $1,000/month as of July 2026.

Days on market
154 days

The median days on market in Saint Louis, MO ZIP 63116 is 154 days as of July 2026. The market is currently neutral.

Gross rental yield
6.00%

At a median list price of $199,900 and a median rent of $1,000/month, the gross rental yield in Saint Louis, MO ZIP 63116 is 6.00% as of July 2026.

STR vs LTR
$2,423/mo STR · $1,000/mo LTR

In Saint Louis, MO ZIP 63116, median Airbnb revenue is $2,423/month compared to median long-term rent of $1,000/month as of July 2026.

Saint Louis, MO 63116 Real Estate Market Report

ZIP Code: 63116

Report Date: July 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
144
Active Listings
62
Sold Properties
82

Market Metrics

Median Listing Price
$199,900
Median Sold Price
$192,000
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
$1,000

Property Taxes

Property Tax Rate
1.18%

Liquidity & Velocity

Median Days on Market
154
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
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in Saint Louis, MO, are averaging 6.6%, reflecting a stable market environment for typical loans 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. The primary market indicator is the median sold price of $192,000, which reflects recent transaction activity and supports a modest upward price trend (up) in the ZIP code.
  2. The median listing price of $199,900 sits above recent sold prices, which may indicate some pricing friction or seller optimism; combined with a neutral market temperature (neutral), this suggests a balanced market with a slight edge to sellers rather than a clear imbalance.
  3. Liquidity appears slower than high-turn markets as evidenced by the median days on market of 154, which suggests extended marketing time and that buyers may be exercising greater selectivity; this supports using targeted pricing and enhanced presentation to accelerate offers.
  4. For valuation and rental strategy, note the median price per square foot of $179 and the median market rent of $1,000 while also accounting for elevated financing pressure—current 30-year fixed mortgage rates average 6.6% and interest rate pressure is elevated—so underwriters and investors should stress-test cash flow and affordability assumptions.

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

3642 Wyoming St, Saint Louis, MO 63116
Top Sale

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

4 beds1 baths2,944 sqft
$630,000
May 1, 2026
$214/sqft
3877 Utah Pl, Saint Louis, MO 63116
Premium

Sold above market average

5 beds1 baths3,064 sqft
$615,000
Apr 1, 2026
$201/sqft
1519 days on market
3919 Hartford St, Saint Louis, MO 63116
Premium

Sold above market average

4 beds1 baths2,662 sqft
$610,000
Apr 1, 2026
$229/sqft
4417 Wallace St, Saint Louis, MO 63116
Market Benchmark

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

3 beds1 baths1,129 sqft
$178,000
May 1, 2026
$158/sqft
450 days on market
6414 Center Ct, Saint Louis, MO 63116
Market Benchmark

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

2 beds1 baths1,011 sqft
$177,250
May 1, 2026
$175/sqft
7408 Ray Ave, Saint Louis, MO 63116
Market Benchmark

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

2 beds1 baths816 sqft
$176,500
May 1, 2026
$216/sqft
181 days on market
4552 Ray Ave, Saint Louis, MO 63116
Value

Sold below market average

2 beds1 baths652 sqft
$75,000
Apr 1, 2026
$115/sqft
4328 Wilcox Ave, Saint Louis, MO 63116
Value

Sold below market average

- beds1 baths920 sqft
$71,000
May 1, 2026
$77/sqft

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

-$214/mo
63116 Avg Rent
63116 Cost to Own
Rent$1,000
Own$1,214

20% down, 6.49% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

63116 Avg nightly rate
63116 Avg occupancy (days/year)
Nightly rate$163/night
Occupancy223 of 365 days

Data Sources

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

Report generated: 7/10/2026

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