Saint Louis, MO 63119 Real Estate Market Report
ZIP Code: 63119
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 63119 area average 6.4%, reflecting a market where property owners with loans originated earlier in 2026 at lower rates have secured a competitive advantage.
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 signal is the median sold price: $325,000 represents the most reliable transaction-level indicator of value in the neighborhood and suggests realized prices are running above the median listing price of $289,000, which may indicate pricing friction between seller expectations and closed transactions.
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Liquidity appears slow based on the median days on market: 315 days signals extended marketing periods and suggests slower sales velocity, so sellers should expect longer time-to-close and buyers may negotiate more aggressively on conditional terms.
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Price density remains relatively strong with the median price per square foot at $232, which, combined with constrained supply in the analyzed sample, suggests a market leaning toward balance rather than clear oversupply—pricing power exists for listings that match buyer value expectations.
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Rental and financing context supports investor interest: the median market rent is $1,900 and rent trends are up, while interest rate pressure is described as moderate and local 30-year rates average 6.4%, which may favor existing owners with earlier, lower-rate financing and temper immediate buyer urgency.
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
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Saint Louis, MO 63119 Real Estate Market Report
ZIP Code: 63119
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
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 63119 area average 6.4%, reflecting a market where property owners with loans originated earlier in 2026 at lower rates have secured a competitive advantage.
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 neighborhood's primary market indicator is the median sold price $249,500, which anchors recent transaction value and aligns with a market where prices are reported up year-over-year — this suggests measured appreciation rather than broad volatility.
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Transaction velocity appears slow given the median days on market 412, which may indicate reduced liquidity or longer marketing periods for listings and suggests caution for sellers planning near-term dispositions; slower sales velocity appears at odds with the reported year-over-year price gains.
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There is a pronounced gap between the median listing price $159,900 and the median sold price $249,500, which may indicate sample skew or pricing friction between seller expectations and closed transactions; this divergence suggests underpriced listings in the sample or that representative recent sales are pulling transaction-level metrics higher.
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Rental and financing context supports continued investor interest: the median market rent $1,350 is reported up year-over-year, while interest rate pressure is described as moderate and local 30-year fixed mortgage rates average 6.4%, a factor that may advantage owners with earlier lower-rate financing and contribute to cautious listing behavior.
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 at market average
Sold below market average
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, 1.1% 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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