Is Saint Louis, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Saint Louis has remained a Seller's Market.
Housing Prices in Saint Louis, MO
How much do homes in Saint Louis, MO cost?
Median Sold Price
$217,587
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Saint Louis was $217,587 in April 2024, up 3.6% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $119.7K | $127K | +6.0% |
2 Bedrooms | $177.1K | $180.5K | +1.9% |
3 Bedrooms | $260.5K | $272.6K | +4.6% |
4 Bedrooms | $339.2K | $339.1K | 0% |
5+ Bedrooms | $412.5K | $430.4K | +4.3% |
Summary: Saint Louis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 4.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
Pine Lawn | $43.5K | $46.5K | +6.9% |
Saint Louis | $209.9K | $217.5K | +3.6% |
University Township | $175K | $157.2K | -10.1% |
Housing Supply in Saint Louis, MO
How many homes are available in Saint Louis, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,052 | 1,185 | +12.6% |
Summary: The Saint Louis real estate market had 1,185 homes for sale in April 2024, a 12.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 113 | 115 | +1.8% |
2 Bedrooms | 386 | 462 | +19.7% |
3 Bedrooms | 358 | 383 | +7.0% |
4 Bedrooms | 138 | 149 | +8.0% |
5+ Bedrooms | 57 | 76 | +33.3% |
Summary: The Saint Louis housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
255 | 251 | -1.6% |
Asking Price vs. Sold Price
99 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
117 Homes Were Sold
Over Asking
Summary: A total of 251 homes were sold or pending in Saint Louis in April 2024, down by 1.6% month-over-month. Of the 251 sold homes, 39% were sold under asking, 14% were sold at asking, and 47% were sold over asking.
Days on Market for Saint Louis, MO
How long does it take to sell a home in Saint Louis, MO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 35 Days | -5.6% |
Summary: Homes in Saint Louis had an average of 35 days on market in Apr 2024, down by 5.6% compared to last year.
Breakdown of Home Sale Times
171 Homes Were Sold
Under 30 Days
52 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Summary: During April 2024, 251 homes were sold in Saint Louis; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.