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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Louis County is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Saint Louis County, MO cost?

Median Sold Price

$239,518

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$9,665(+4.2%)

Key Takeaway

Homes in Saint Louis County have sold for 4.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $93K$93.3K
0.4%
2 $140K$155.3K
+10.9%
3 $211.3K$228.4K
+8.1%
4 $385K$416.8K
+8.3%
5+ $652.5K$703K
+7.7%

Median Sold Price Compared To Nearby Counties

Saint Charles County
+13.8%
Jefferson County
+13.4%
Monroe County
+10.9%
Saint Clair County
+8.7%
Saint Louis County
+4.2%

How many homes are available in Saint Louis County, MO?

Number of Homes For Sale

Sep 2022Oct 2022%
3,8123,570-6.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 6064
+6.7%
2 862831
-3.6%
3 1,7471,611
-7.8%
4 894809
-9.5%
5+ 249255
+2.4%

Number of Homes Sold

Sep 2022Oct 2022%
1,3651,080-20.9%

Asking Price vs. Sold Price

416 Homes Were Sold
Under Asking

188 Homes Were Sold
At Asking

473 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Louis County, you could pay more than the asking price. 43.9% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
26 Days24 Days-8.7%

Breakdown of Home Sale Times

746 Homes Were Sold
Under 30 Days

276 Homes Were Sold
In 30 - 90 Days

46 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint Louis County 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.

About Saint Louis County, MO

There are 3,570 homes are for sale in Saint Louis County, MO real estate market. Between September 2022 and October 2022, Saint Louis County, MO real estate market has seen decrease in the number of listings by 6.3%. While the average time on the market in October 2022 was 24 days, the median list price was $239,518. Real estate listing prices changed between September 2022 and October 2022: 1 bedroom properties prices increased by 0.4%, 2 bedrooms properties prices increased by 10.9%, the cost of 3 bedrooms properties went up by 8.1%, prices of 4 bedrooms properties increased by 8.3%, 5 bedrooms properties prices increased by 7.7%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes went up by 6.7%, 2 bedrooms homes inventory decreased by 3.6%, the quantity of 3 bedrooms homes went down by 7.8%, volume of 4 bedrooms homes went down by 9.5%, volume of 5 bedrooms homes went up by 2.4%. While more than 473 listings in Saint Louis County, MO in October 2022 were sold above asking price, there were more than 188 listings sold at asking price, and more than 416 were sold below.

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