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Saint Louis, MO 63123 Real Estate Market Report

ZIP Code: 63123
Report Date: April 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.

Analysis Window
90 Days
Total Properties Analyzed
28
Active Listings
20
Sold Properties
8

Market Metrics

Median Listing Price
$190,000
Median Sold Price
$228,400
Median Price per Sqft
$196/sqft

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

Median Market Rent
$1,395

Property Taxes

Property Tax Rate
1.18%

Liquidity & Velocity

Median Days on Market
245
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. The neighborhood's primary indicator, the median sold price, is 228,400, which identifies recent transaction-level market value and aligns with a up price year-over-year trend, suggesting continued appreciation pressure as of April 2026.

  2. Listing activity shows a median listing price of 190,000 versus the median sold price of 228,400; this divergence may indicate pricing friction between seller expectations and closed transactions and appears to reward properties priced to reflect recent sales rather than older asking prices.

  3. Liquidity appears constrained despite longer time-to-contract: the median days on market is 245, which signals slower sales velocity and suggests that properties may require more marketing time or pricing adjustment to transact in the current environment.

  4. Market context is broadly neutral: the market temperature is neutral and interest rate pressure is moderate, so buyers and sellers should expect a balanced negotiation environment with selective opportunities for price movement in well-positioned SFR and condominium listings.


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

8673 General Grant Ln, Saint Louis, MO 63123
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
2 baths
2,603 sqft
$525,000
Jan 1, 2026
$202/sqft/sqft
157 days on market
6119 Archwood Ln, Saint Louis, MO 63123
Premium

Sold above market average

3 beds
1 baths
1,064 sqft
$275,000
Mar 1, 2026
$258/sqft/sqft
886 days on market
8014 Morganford Rd, Saint Louis, MO 63123
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
744 sqft
$215,000
Feb 1, 2026
$289/sqft/sqft
1126 days on market
8015 Parkwood Dr, Saint Louis, MO 63123
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
839 sqft
$212,400
Feb 1, 2026
$253/sqft/sqft
87 days on market
9105 Southview Ln, Saint Louis, MO 63123
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
925 sqft
$200,000
Mar 1, 2026
$216/sqft/sqft
74 days on market
7227 Cranston Dr, Saint Louis, MO 63123
Quick Flip

Sold below market average

4 beds
1 baths
1,551 sqft
$165,000
Feb 1, 2026
$106/sqft/sqft
96 days on market
8924 Anchor Dr, Saint Louis, MO 63123
Quick Flip

Sold below market average

2 beds
1 baths
888 sqft
$145,000
Feb 1, 2026
$163/sqft/sqft
139 days on market
4762 Hamburg Ave, Saint Louis, MO 63123
Quick Flip

Sold below market average

1 beds
1 baths
816 sqft
$106,817
Mar 1, 2026
$131/sqft/sqft
74 days on market

Saint Louis, MO 63123 Real Estate Market Report

ZIP Code: 63123
Report Date: April 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.

Analysis Window
90 Days
Total Properties Analyzed
11
Active Listings
3
Sold Properties
8

Market Metrics

Median Listing Price
$91,500
Median Sold Price
$151,000
Median Price per Sqft
$155/sqft

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

Median Market Rent
$1,095

Property Taxes

Property Tax Rate
1.13%

Liquidity & Velocity

Median Days on Market
322
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. The neighborhood’s primary market indicator, the 151,000 median sold price, represents the best available signal of recent transaction value and suggests pricing is on a steady upward trend—up on a year‑over‑year basis according to available trend data.

  2. Liquidity appears slow relative to typical turnover given the 322 median days on market, which may indicate pricing friction or a prolonged time-to-contract despite the upward price trend.

  3. Unit-level valuation metrics show a 155 median price per square foot alongside a 1,095 median market rent, which together suggest rental-supported valuation is present while sales are trading at moderate price density.

  4. Market context is broadly balanced with neutral market conditions and moderate financing pressure—market temperature is described as neutral and interest rate pressure as moderate—while inventory in the analyzed sample appears relatively constrained, which may continue to support steady price appreciation.


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

9439 Green Park Gardens Dr, Saint Louis, MO 63123
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds
2 baths
832 sqft
$1,000,000
Dec 1, 2025
$1,202/sqft/sqft
276 days on market
10924 Village Grove Dr Apt C, Saint Louis, MO 63123
Premium

Sold above market average

2 beds
2 baths
1,105 sqft
$225,000
Dec 1, 2025
$204/sqft/sqft
711 days on market
7910 Royal Arms Ct, Saint Louis, MO 63123
Premium

Sold above market average

2 beds
1 baths
1,020 sqft
$195,000
Nov 1, 2025
$191/sqft/sqft
192 days on market
7908 Camelot Ln Unit 1, Saint Louis, MO 63123
Market Benchmark

Sold at market average

2 beds
1 baths
792 sqft
$126,000
Dec 1, 2025
$159/sqft/sqft
7939 Royal Arms Ct Unit 2, Saint Louis, MO 63123
Market Benchmark

Sold at market average

2 beds
1 baths
768 sqft
$120,000
Dec 1, 2025
$156/sqft/sqft
9153 Villaridge Ct, Saint Louis, MO 63123
Market Benchmark

Sold at market average

2 beds
1 baths
844 sqft
$120,000
Oct 1, 2025
$142/sqft/sqft
9723 Crayford Rd # 1b, Saint Louis, MO 63123
Quick Flip

Sold below market average

2 beds
2 baths
951 sqft
$100,000
Dec 1, 2025
$105/sqft/sqft
184 days on market
9925 Bunker Hill Dr Unit G, Saint Louis, MO 63123
Quick Flip

Sold below market average

1 beds
1 baths
528 sqft
$65,000
Nov 1, 2025
$123/sqft/sqft
310 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$51/mo
63123 Avg Rent
63123 Cost to Own
Rent$1,395
Own$1,446

20% down, 6.5% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

63123 Avg nightly rate
63123 Avg occupancy (days/year)
Nightly rate$128/night
Occupancy142 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/19/2026

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