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.
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.
Rental Market
Property Taxes
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.
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.
Key Findings
-
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.
-
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.
-
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.
-
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Sold below market average
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.
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.
Rental Market
Property Taxes
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.
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.
Key Findings
-
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.
-
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.
-
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.
-
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold at market average
Sold at market average
Sold at 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, 6.5% rate, 1.2% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 4/19/2026
Get personalized market intelligence
Explore real-time property analysis in Saint Louis, MO: valuations, rental estimates, costs, and pro-forma projections.