Saint Louis, MO 63121 Real Estate Market Report

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

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Executive Overview

In Saint Louis, MO (ZIP: 63121), the median sold price stands at $84,950, reflecting a market that has experienced moderate appreciation. Although specific historical sold price change data is unavailable, the current pricing indicates a stable environment for buyers and sellers alike. The market is characterized by a neutral temperature, suggesting a balanced approach to transactions, with neither buyers nor sellers holding a distinct advantage.

Transaction activity appears to be moderate, with 268 days on market, indicating slower sales velocity. This extended time frame may suggest elevated inventory levels relative to sales activity, creating a scenario where buyers have more options. The median listing price of $109,000 shows a notable gap compared to the median sold price, which may indicate pricing friction as sellers adjust their expectations to align with market realities.

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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 $84,950 suggests a market that is stabilizing, with potential for further appreciation.

2. With 268 days on market, the area is experiencing slower sales velocity, indicating a need for sellers to be strategic in pricing.

3. The median listing price of $109,000 reflects a significant gap from the median sold price, suggesting pricing friction in the market.

4. The median market rent is $999, which remains strong, supporting ongoing rental demand in the area.

5. Market conditions are described as neutral, indicating a balanced environment for both buyers and sellers.

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Notable Properties

The following 6 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.