Saint Louis, MO 63121 Real Estate Market Report

ZIP Code: 63121
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Saint Louis, MO (ZIP: 63121) is characterized by a median sold price of $97,950, reflecting a stable market environment. The neighborhood has experienced a year-over-year price trend that is up, indicating a modest appreciation in property values. This upward movement in sold prices suggests a gradual recovery from previous conditions, although specific areas may still exhibit selectivity in buyer engagement.

Transaction activity appears moderate, with 194 median days on market indicating slower sales velocity. The current inventory levels are elevated, suggesting an excess supply relative to sales activity. This may indicate a shift towards a more balanced market, as the overall conditions transition from the previously intense seller's market. The median listing price stands at $95,000, which is closely aligned with the sold price, reflecting realistic seller expectations in the current market context.

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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

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Saint Louis MO market average around 6.0% compared to approximately 5.5% for loans originated earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $97,950 indicates a stable market with modest appreciation.

2. With 194 median days on market, the market is experiencing slower sales velocity, suggesting caution for sellers.

3. The median listing price of $95,000 closely aligns with sold prices, indicating realistic seller expectations.

4. Elevated inventory levels suggest excess supply relative to sales activity, impacting market dynamics.

5. The market temperature is currently neutral, reflecting a balanced environment in terms of buyer and seller activity.

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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.