St. Louis is considered one of the most competitive real estate markets in the U.S. Knowing the current trends based on statistics helps property sellers, buyers, and investors understand where the market is moving and what to expect within the next months or years, especially with the rapid growth the city is experiencing. We’re here with the data to help you see the big picture. Let’s take a closer look!
- Homes Sell for $240,000 on Average
- Average Days on the Market Is 43 Days
- Sale-to-list Ratio Is 1.00
- Average Rent in St. Louis Is $1,412
- Inventory Is Down by 9.1% for Single-family Homes
- The city Ranks #1 in the Luxury Housing Market
- Mortgage Rates Float Around 6.38% in St. Louis
- Mortgage Delinquency Rate Was 0.78% in Q1 2025
- The Region Saw a 7.78% Increase in Sales Volume
1. Homes Sell for $240,000 on Average
Based on August 2025 statistics from Redfin, properties have a median sales price of $240,000. This value is much lower than the national average, even though St. Louis is one of the key metro areas in the Midwest. Thanks to affordability, the demand continues to grow. Many people from high-cost areas move to the city for more affordable properties, allowing them to comfortably afford mortgage payments.
2. Average Days on the Market is 43 Days
Properties in St. Louis stay on the market for 43 days on average, but numbers can go down to 20 days or lower during peak months. While the number may seem average, there is a lot of negotiation going on behind the scenes that results in a longer timeline. This extended timeline and competitive pricing mean buyers should prepare for a drawn-out negotiation process even in this high-demand, affordable market.
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3. Sale-to-list Ratio Is 1.00
The sale-to-list ratio is a figure that compares the final sale price to the list price. In St. Louis, the median ratio is currently 100% or 1.00. In other words, most properties are selling at the same value as their listing price. For sellers, this means that pricing accurately is important to receive your full asking price. Meanwhile, buyers must be strategic with their offers to ensure that they won’t immediately get rejected. Be prepared to accept the asking price, as statistics indicate there is no room for a meaningful discount.
4. Average Rent Is $1,412
Renting is more affordable in St. Louis compared to the national average. In the area, the median rental rate for an apartment is $1,412 monthly. For a major city, St. Louis is significantly lower than most other metro areas, further increasing demand. The lower rates attract more people, especially young working professionals. As such, investing in rental properties in St. Louis may provide opportunities for steady cash flow and long-term stability.
5. Inventory Is Down by 9.1% for Single-family Homes
As of August 2025, there are around 3,106 single-family properties in inventory. This figure represents a dip of 9.1% compared to the same time last year. When inventory falls, there are fewer houses available for sale. This further increases competition, leading to conditions that are favorable to sellers. In fact, the months’ supply of inventory has also gone down to 2.3 months, which means only a short time is needed to sell all the current single-family homes on the market.
6. Ranks #1 in the Luxury Housing Market
Realtor.com ranked St. Louis as the number one area for the luxury housing market in the entire U.S. The main reason is the affordability, with the average luxury property costing only $650,000. Other locations, like Chicago and Denver, have luxury homes priced well over $1 million. For a lower price, you can enjoy similar levels of modern convenience and comfort in the area.
7. Mortgage Rates Float Around 6.38%
St. Louis has maintained 6.1 – 6.4% in interest rates for 30-year fixed mortgages, with October 2025 stats showing 6.38% as the current average. This figure is close to the national average, indicating how financing in the city follows general U.S. trends. However, this amount can still be high, especially when compared to the interest rates of 2021 – 2022. Buyers may be more hesitant to purchase homes if the rates continue to rise. For sellers, it’s important to monitor this statistic to help you decide the best time to sell.
8. Mortgage Delinquency Rate Was 0.78% in Q1 2025
The rate of large bank consumer mortgages that have remained unpaid for more than 60 days is 0.78%. This low number is an indicator of a healthy and stable market, with a very low possibility of a foreclosure crisis. Homeowners have a steady income and can easily pay mortgage dues, based on this statistic. For investors, the low delinquency rates signal predictability in home pricing, with little risk for sudden price drops.
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9. Saw a 7.78% Increase in Sales Volume
In June 2025, there were 291 properties sold in the city, which showed a 7.78% increase compared to the same month in the previous year. This number further illustrates the increase in demand for local properties, as other months have also shown similar trends.
Wrapping Up: Latest Real Estate Trends in Missouri
With low property prices, an affordable cost of living, and limited inventory, the city is likely to remain a seller’s market within the next few months or years. Still, nothing is set in stone. Keeping track of the numbers can help you figure out where things are headed, so you can make informed decisions if you decide to buy or sell.
