Market Snapshot
- Median listing price
- $250K
- Median rent
- $1,300/mo
- Days on market
- 263 days
- Gross rental yield
- 6.24%
The median listing price in Saint Louis, MO ZIP 63123 is $250,000 as of July 2026.
The median market rent in Saint Louis, MO ZIP 63123 is $1,300/month as of July 2026.
The median days on market in Saint Louis, MO ZIP 63123 is 263 days as of July 2026. The market is currently neutral.
At a median list price of $250,000 and a median rent of $1,300/month, the gross rental yield in Saint Louis, MO ZIP 63123 is 6.24% as of July 2026.
Saint Louis, MO 63123 Real Estate Market Report
ZIP Code: 63123
Report Date: July 2026
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
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
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 Saint Louis, MO are averaging 6.53%, reflecting a stable market environment for property owners in this area compared to earlier 2026 benchmarks.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- $257,500 median sold price is the primary indicator of market value and recent transaction activity in 63123; with the median sold price exceeding the median listing price, this suggests sellers are generally achieving at-or-above typical asking levels in recent closings.
- 263 median days on market indicates slower sales velocity compared with faster-turning markets and may reflect pricing friction or prolonged marketing periods rather than a collapse in demand; combined with a neutral market temperature, this points to a balanced, rebalancing market rather than an extreme.
- $1,300 median market rent and a rising rent year-over-year trend indicate strengthening rental demand, which supports investor interest and provides upside for owners converting units to rentals or holding for cash flow.
- 6.53% current 30-year fixed mortgage rate and elevated interest rate pressure may constrain price acceleration and buyer purchasing power near term, so sellers should price competitively and buyers should lock rates when appropriate given rate volatility.
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.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold at market average
Sold below market average
Sold below market average
Sold below market average
Sold below 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, 6.49% 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: 7/10/2026
Get personalized market intelligence
Explore real-time property analysis in Saint Louis, MO: valuations, rental estimates, costs, and pro-forma projections.