Is Saint Louis, MO a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Saint Louis is a seller's market


Difference Since May 2022

Since last year, Saint Louis has remained a Seller's Market.

Key Takeaway

Saint Louis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Saint Louis, MO cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Saint Louis have sold for 4.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $114K$120K
2 $173.1K$176.4K
3 $244K$260.8K
4 $326K$335K
5+ $379.4K$415.9K

Median Sold Price Compared To Nearby Cities

Pine Lawn
Saint Louis
University Township

How many homes are available in Saint Louis, MO?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 97105
2 422434
3 329351
4 125139
5+ 6472

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

104 Homes Were Sold
Under Asking

55 Homes Were Sold
At Asking

149 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Louis, you could pay more than the asking price. 48.4% of homes here sold above asking price last month.

How long does it take to sell a home in Saint Louis, MO?

How long does it take to sell a home in Saint Louis, MO?

Average Sale Time

May 2022May 2023%
27 Days31 Days+15.2%

Breakdown of Home Sale Times

204 Homes Were Sold
Under 30 Days

71 Homes Were Sold
In 30 - 90 Days

27 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint Louis are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Saint Louis, MO?

About Saint Louis, MO

Saint Louis, MO has 1,101 homes on the market. In May 2023 in Saint Louis, MO there were 6.2% more homes for sale than in April 2023. In May 2023, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $208,802. From April 2023 through May 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 5.3%, the cost of 2 bedrooms properties went up by 1.9%, the cost of 3 bedrooms properties went up by 6.9%, prices of 4 bedrooms properties went up by 2.7%, prices of 5 bedrooms properties increased by 9.6%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went up by 8.2%, number of 2 bedrooms homes increased by 2.8%, 3 bedrooms homes became 6.7% more available, volume of 4 bedrooms homes went up by 11.2%, the quantity of 5 bedrooms homes went up by 12.5%. While more than 149 listings in Saint Louis, MO in May 2023 were sold above asking price, there were more than 55 listings sold at asking price, and more than 104 were sold below.