Saint Louis, MO 63119 Real Estate Market Report

ZIP Code: 63119
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 (ZIP: 63119) is characterized by a median sold price of $345,750, reflecting a robust demand despite a neutral market temperature. The neighborhood has increased 15% since 2023, indicating a positive trend in property values. The median listing price stands at $299,900, suggesting a notable gap between seller expectations and actual sales prices, which may create pricing friction for prospective buyers.

Market activity remains moderate, with homes selling faster than the national average, although the median days on market is 251, indicating slower sales velocity. Elevated inventory levels suggest a shift towards a more balanced market, with excess supply relative to sales activity. This stabilization may provide opportunities for both buyers and sellers as the market adjusts to current conditions.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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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 $345,750 indicates strong market performance, reflecting a 15% increase since 2023.

2. With a median listing price of $299,900, there is a significant gap between asking prices and sold prices, which may create pricing friction for buyers.

3. The median days on market of 251 suggests a slower sales velocity, indicating that properties may take longer to sell compared to previous periods.

4. Market conditions are characterized by elevated inventory levels, suggesting excess supply relative to sales activity, which may lead to more negotiation opportunities for buyers.

5. The median market rent of $1,350 shows a stable rental environment, with a year-over-year trend indicating that rents are up.

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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.