$1,543 Closing Credit*
$129,900
550 SqFt
1 Bed
•1 Full Bath
Listing Office: Alu Real Estate Partners
Is 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, 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
$220,049
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,791(+3.7%)
Key Takeaway
Homes in Saint Louis have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Saint Louis was $220,049 in October 2024, up 3.7% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119K | $130K | +9.2% |
| 2 Bedrooms | $178.5K | $184.8K | +3.6% |
| 3 Bedrooms | $270.2K | $265K | -1.9% |
| 4 Bedrooms | $342.4K | $338.3K | -1.2% |
| 5+ Bedrooms | $400.5K | $387.4K | -3.3% |
Summary: Saint Louis housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 3.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Cities
| Saint Louis | $212.2K | $220K | +3.7% |
| Pine Lawn | $49K | $50K | +2.0% |
| University Township | $165K | $165K | 0.0% |
Housing Supply in Saint Louis, MO
How many homes are available in Saint Louis, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,237 | 1,352 | +9.3% |
Summary: The Saint Louis real estate market had 1,352 homes for sale in October 2024, a 9.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 96 | 91 | -5.2% |
| 2 Bedrooms | 496 | 524 | +5.6% |
| 3 Bedrooms | 420 | 479 | +14.0% |
| 4 Bedrooms | 152 | 178 | +17.1% |
| 5+ Bedrooms | 73 | 80 | +9.6% |
Summary: The Saint Louis housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 9.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 266 | 281 | +5.6% |
Asking Price vs. Sold Price
123 Homes Were Sold
Under Asking
60 Homes Were Sold
At Asking
98 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. 43.8% of homes here sold below asking price last month.
Summary: A total of 281 homes were sold or pending in Saint Louis in October 2024, up by 5.6% month-over-month. Of the 281 sold homes, 44% were sold under asking, 21% were sold at asking, and 35% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 42 Days | +36.9% |
Summary: Homes in Saint Louis had an average of 42 days on market in Oct 2024, up by 36.9% compared to last year.
Breakdown of Home Sale Times
159 Homes Were Sold
Under 30 Days
85 Homes Were Sold
In 30 - 90 Days
35 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 October 2024, 281 homes were sold in Saint Louis; 57% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.