Saint Louis, MO 63118 Real Estate Market Report
ZIP Code: 63118
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.
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
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.
Rental Market
Property Taxes
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.
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 the 63118 area are averaging 6.49%, reflecting a volatile market environment where rates have remained elevated above 6% throughout early 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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The primary market-value signal is the median sold price of $215,000, which reflects recent transaction activity and is consistent with a broader price trend that is up.
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The median listing price of $175,000 sits below recent sold levels, which may indicate pricing friction between seller expectations and executed transactions or that higher-priced comps are anchoring recent sales; monitor listings-to-sales alignment for near-term repricing risk (caution).
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Market velocity appears slow: the median days on market of 359 days suggests extended marketing times and slower sales velocity, even as the market temperature is characterized as neutral, and overall conditions point to a relatively constrained active supply rather than broad excess inventory.
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Rents are strengthening with a median market rent of $1,095 and a rent year-over-year trend that is up; however, interest rate pressure—with current 30-year fixed averages at 6.49%—is moderate and may temper buyer affordability and near-term transaction activity.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Saint Louis, MO 63118 Real Estate Market Report
ZIP Code: 63118
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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.
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.
Rental Market
Property Taxes
Liquidity & Velocity
Liquidity metrics unavailable due to insufficient data quality.
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 the 63118 area are averaging 6.49%, reflecting a volatile market environment where rates have remained elevated above 6% throughout early 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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median sold price is not present in the provided metrics, so a single representative recent sale value cannot be reported; this data gap may indicate limited public transaction reporting for the sampled period or a timing mismatch between listing data and recorded closings, and it constrains point-in-time valuation comparisons against asking prices. data gap
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price year-over-year trend: up — recent indexed signals show appreciation continues year-over-year, which, combined with the market temperature being neutral, suggests sellers may still achieve upward pressure on final sale prices while negotiations remain balanced. up
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median market rent: 995 with rent year-over-year trend: up — rental rates are rising, reinforcing stable income demand in the area; investors should note strengthening rent fundamentals when comparing buy-versus-rent scenarios. up
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interest rate pressure: moderate and Current 30-year fixed mortgage rates in the 63118 area are averaging 6.49% — elevated financing costs are present but not extreme, which may temper buyer urgency and lengthen decision timelines while keeping transaction activity broadly neutral.
Notable Properties
The following 3 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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold at market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.3% rate, 1.2% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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