Is Saint Louis County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Saint Louis County has remained a Seller's Market.
Housing Prices in Saint Louis County, MO
How much do homes in Saint Louis County, MO cost?
Median Sold Price
$244,943
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Saint Louis County was $244,943 in May 2024, the same as last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85.5K | $99K | +15.7% |
2 Bedrooms | $159.8K | $162.3K | +1.5% |
3 Bedrooms | $234.2K | $227K | -3.1% |
4 Bedrooms | $416.9K | $433.8K | +4.1% |
5+ Bedrooms | $710K | $781.9K | +10.1% |
Summary: Saint Louis County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes increased by 1.5%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Counties
Saint Clair County | $187.7K | $199.9K | +6.5% |
Saint Charles County | $319.3K | $339.8K | +6.4% |
Monroe County | $292.9K | $307.1K | +4.8% |
Saint Louis County | $244.9K | $244.9K | 0.0% |
Housing Supply in Saint Louis County, MO
How many homes are available in Saint Louis County, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3,491 | 3,874 | +11.0% |
Summary: The Saint Louis County real estate market had 3,874 homes for sale in May 2024, a 11.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 44 | 48 | +9.1% |
2 Bedrooms | 836 | 908 | +8.6% |
3 Bedrooms | 1,525 | 1,673 | +9.7% |
4 Bedrooms | 814 | 919 | +12.9% |
5+ Bedrooms | 272 | 326 | +19.9% |
Summary: The Saint Louis County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 19.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,095 | 1,202 | +9.8% |
Asking Price vs. Sold Price
367 Homes Were Sold
Under Asking
165 Homes Were Sold
At Asking
632 Homes Were Sold
Over Asking
Summary: A total of 1,202 homes were sold or pending in Saint Louis County in May 2024, up by 9.8% month-over-month. Of the 1,164 sold homes, 32% were sold under asking, 14% were sold at asking, and 54% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 22 Days | -8.0% |
Summary: Homes in Saint Louis County had an average of 22 days on market in May 2024, down by 8% compared to last year.
Breakdown of Home Sale Times
907 Homes Were Sold
Under 30 Days
224 Homes Were Sold
In 30 - 90 Days
54 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1202 homes were sold in Saint Louis County; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.