Saint Louis, MO 63118 Real Estate Market Report

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

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

Key Findings

1. The primary indicator of recent market value is the median sold price of 184,000, which suggests recent transactions are setting market expectations slightly above current asking levels (price trend: up).
2. There is a notable pricing gap between the median sold price (184,000) and the median listing price (175,500), which may indicate sellers are securing final sale prices above initial asks for well-presented SFR and condo inventory; this dynamic appears in the context of a neutral market temperature.
3. Market liquidity shows slower sales velocity as evidenced by the long median days on market of 391, which suggests extended marketing periods despite the upward price trend and may indicate pricing friction for properties not positioned competitively.
4. Inventory characterization in the analyzed sample points to elevated inventory relative to sales activity, while rent pressure is increasing as shown by the rising median market rent of 1,095 and an overall up rent year-over-year trend; interest rate pressure is described as moderate, which could temper buyer urgency despite rising rents.

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.