Saint Louis, MO 63147 Real Estate Market Report

ZIP Code: 63147
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: 63147) is characterized by a median sold price of $70,000, reflecting a market that has seen some fluctuations in value. The neighborhood has decreased 8% since 2022, indicating a trend of declining prices that may be impacting buyer sentiment and overall market activity. With a median listing price of $85,250, there is a noticeable gap between asking prices and actual sale prices, suggesting potential pricing friction as sellers adjust expectations to align with current market realities.

The market shows signs of elevated inventory levels, with a median days on market of 225, indicating slower sales velocity and a more cautious buyer approach. This extended time on the market may be a reflection of the neutral market temperature, where supply and demand are relatively balanced but not favoring either side significantly. The median market rent stands at $1,512, which may provide some context for rental demand in the area, but the overall market dynamics suggest a need for sellers to remain flexible in their pricing strategies as interest rates stabilize and buyer demand potentially increases in the coming months.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Saint Louis MO market are around 6.07% compared to recent 2026 averages closer to 5.77% for similar loans.

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 $70,000 indicates a market that has decreased by 8% since 2022, reflecting ongoing pricing adjustments.

2. With a median listing price of $85,250, there is a significant gap compared to the sold price, suggesting pricing friction in the market.

3. The median days on market of 225 points to slower sales velocity, indicating that properties are taking longer to sell.

4. The market temperature is currently neutral, suggesting a balanced environment with neither buyers nor sellers holding a distinct advantage.

5. The median market rent of $1,512 may indicate stable rental demand, but overall market conditions remain cautious as buyers navigate pricing expectations.

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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.