$2,719 Closing Credit*
$229,000
1,368 SqFt
2 Beds
•2 Full Baths
Listing Office: Keller Williams Realty STL
Is Downtown Saint Louis, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Downtown Saint Louis has remained a Seller's Market.
Key Takeaway
Downtown Saint Louis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Downtown Saint Louis, MO
How much do homes in Downtown Saint Louis, MO cost?
Median Sold Price
$167,500
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,600(+3.5%)
Key Takeaway
Homes in Downtown Saint Louis have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Downtown Saint Louis was $167,500 in October 2024, up 3.5% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | $133.6K | -15.1% |
| 2 Bedrooms | $160K | $190K | +18.8% |
| 3 Bedrooms | $537K | $540K | +0.6% |
| 4 Bedrooms | $500K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Downtown Saint Louis housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 0.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Downtown Saint Louis | $161.9K | $167.5K | +3.5% |
| Downtown West Saint Louis | $148K | $135K | -8.8% |
| Washington Ave. Loft District | $161.9K | $145K | -10.4% |
Housing Supply in Downtown Saint Louis, MO
How many homes are available in Downtown Saint Louis, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Summary: The Downtown Saint Louis real estate market had 28 homes for sale in October 2024, a 3.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 20 | 22 | +10.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Downtown Saint Louis housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Downtown Saint Louis, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Downtown Saint Louis in October 2024, the same as the previous month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Downtown Saint Louis, MO
How long does it take to sell a home in Downtown Saint Louis, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 113 Days | +309.0% |
Summary: Homes in Downtown Saint Louis had an average of 113 days on market in Oct 2024, up by 309% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Downtown Saint Louis are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in Downtown Saint Louis; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.