Saint Louis, MO 63118 Real Estate Market Report

ZIP Code: 63118
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Saint Louis, MO (63118) is characterized by a median sold price of $219,950, reflecting a decrease in values year-over-year. This downward trend indicates a localized price correction, contrasting with broader metro appreciation. The market is currently experiencing a shift towards a more balanced environment, although desirable properties still attract competitive interest.

Transaction activity appears to be moderate, with median days on market at 272 days, suggesting slower sales velocity and potential pricing friction. The elevated inventory levels indicate excess supply relative to sales activity, which may contribute to the ongoing price adjustments. Despite these challenges, rental demand remains robust, supported by a positive local economic outlook, with a median market rent of $1,300.

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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.

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Key Findings

1. The median sold price of $219,950 indicates a decrease in values year-over-year, reflecting a localized price correction.

2. With median days on market at 272, the market is experiencing slower sales velocity, suggesting potential pricing friction.

3. Elevated inventory levels suggest excess supply relative to sales activity, contributing to the current price adjustments.

4. The median market rent of $1,300 reflects strong rental demand, supported by a positive local economic outlook.

5. The market temperature is currently neutral, indicating a balanced environment despite the ongoing price corrections.

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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.