The housing market in St. Louis city, MO County is thriving, with a median value of $153,700. This is substantially lower than the US Median Value of $338,100, providing potential buyers with more bang for their buck. Furthermore, the house appreciation over the last year has been an impressive 14.70%, much higher than the US 1 year House Appreciation of 8.27%. This makes real estate investment in this area a wise choice.
The median home cost in St. Louis City County is $153,700. Home appreciation the last 10 years has been 68.8%. Home Appreciation in St. Louis City County is up 11.4%.
Average Age of Homes
- The median age of St. Louis City County real estate is 78 years old
The Rental Market in St. Louis City County
- Renters make up 44.3% of the St. Louis City County population
- 3.8% of houses and apartments in St. Louis City County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.