$6,530 Closing Credit*
$549,900
5 Beds
•2 Full Baths, 1 Partial
Listing Office: Magnolia Real Estate
Is Saint Louis, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Saint Louis has remained a Seller's Market.
Key Takeaway
Saint Louis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Louis, MO
How much do homes in Saint Louis, MO cost?
Median Sold Price
$220,090
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,284(+2.9%)
Key Takeaway
Homes in Saint Louis have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Saint Louis was $220,090 in November 2024, up 2.9% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119.9K | $130K | +8.4% |
| 2 Bedrooms | $179.4K | $185K | +3.1% |
| 3 Bedrooms | $269.2K | $265K | -1.6% |
| 4 Bedrooms | $344K | $342.8K | -0.3% |
| 5+ Bedrooms | $410K | $384.9K | -6.1% |
Summary: Saint Louis housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Cities
| Pine Lawn | $48K | $50.5K | +5.1% |
| University Township | $159.2K | $165.8K | +4.2% |
| Saint Louis | $213.8K | $220K | +2.9% |
Housing Supply in Saint Louis, MO
How many homes are available in Saint Louis, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,263 | 1,243 | -1.6% |
Summary: The Saint Louis real estate market had 1,243 homes for sale in November 2024, a 1.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 90 | 91 | +1.1% |
| 2 Bedrooms | 504 | 488 | -3.2% |
| 3 Bedrooms | 435 | 420 | -3.4% |
| 4 Bedrooms | 161 | 167 | +3.7% |
| 5+ Bedrooms | 73 | 77 | +5.5% |
Summary: The Saint Louis housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 1.1%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 5.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 298 | 221 | -25.8% |
Asking Price vs. Sold Price
120 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
58 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Louis, you may be able to get a good deal. 54.3% of homes here sold below asking price last month.
Summary: A total of 221 homes were sold or pending in Saint Louis in November 2024, down by 25.8% month-over-month. Of the 221 sold homes, 54% were sold under asking, 19% were sold at asking, and 26% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 38 Days | +12.5% |
Summary: Homes in Saint Louis had an average of 38 days on market in Nov 2024, up by 12.5% compared to last year.
Breakdown of Home Sale Times
126 Homes Were Sold
Under 30 Days
71 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Louis are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 221 homes were sold in Saint Louis; 57% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.