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 January 2023

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.

Housing Prices in Saint Louis County, MO

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

Median Sold Price

$244,058

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$3,543(+1.5%)

Key Takeaway

Homes in Saint Louis County have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Saint Louis County was $244,058 in January 2024, up 1.5% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $95.3K$92.5K
-3.0%
2 $155.4K$160.3K
+3.2%
3 $230K$228.4K
-0.7%
4 $420.2K$425K
+1.1%
5+ $700K$770.3K
+10.0%

Summary: Saint Louis County housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Counties

Monroe County
+9.6%
Saint Charles County
+4.4%
Saint Clair County
+3.4%
Saint Louis County
+1.5%

Housing Supply in Saint Louis County, MO

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

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
2,8512,583-9.4%

Summary: The Saint Louis County real estate market had 2,583 homes for sale in January 2024, a 9.4% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 4043
+7.5%
2 694654
-5.8%
3 1,3861,218
-12.1%
4 555509
-8.3%
5+ 176159
-9.7%

Summary: The Saint Louis County housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.5%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 9.7%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
1,068658-38.4%

Asking Price vs. Sold Price

333 Homes Were Sold
Under Asking

116 Homes Were Sold
At Asking

201 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Louis County, you may be able to get a good deal. 51.2% of homes here sold below asking price last month.

Summary: A total of 658 homes were sold or pending in Saint Louis County in January 2024, down by 38.4% month-over-month. Of the 650 sold homes, 51% were sold under asking, 18% were sold at asking, and 31% were sold over asking.

Days on Market for Saint Louis County, MO

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

Average Sale Time

Jan 2023Jan 2024CHANGE
39 Days39 Days0.4%

Summary: Homes in Saint Louis County had an average of 39 days on market in Jan 2024, up by 0.4% compared to last year.

Breakdown of Home Sale Times

363 Homes Were Sold
Under 30 Days

198 Homes Were Sold
In 30 - 90 Days

91 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.

Summary: During January 2024, 658 homes were sold in Saint Louis County; 55% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

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

Report Updated 29 Days Ago

Newest Listings in Saint Louis County, MO

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