St. Louis Metro Area, MO Housing

The housing market in the St. Louis, MO Metro Area is thriving compared to the national average. The median value of homes in the area is $222,100, significantly lower than the US House Median Value of $338,100. However, despite this gap in prices, the 1-year house appreciation rate in St. Louis is higher than the national average at 11.59%, compared to 8.27% for the US as a whole. This suggests that home values in the St. Louis area are rising relatively quickly and that real estate here is a great investment opportunity.

The median home cost in St. Louis Metro Area is $222,100. Home appreciation the last 10 years has been 65.2%. Home Appreciation in St. Louis Metro Area is up 12.7%.

Average Age of Homes

- The median age of St. Louis Metro Area real estate is 46 years old

The Rental Market in St. Louis Metro Area

- Renters make up 27.0% of the St. Louis Metro Area population
- 1.7% of houses and apartments in St. Louis Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	St. Louis, Missouri	United States
	1,256,861.0	139,647,020.0
	49	42
	$222,100	$338,100
	12.7%	16.6%
	43.4%	57.0%
	65.2%	101.1%
	$14.03	$10.98
	$2,580	$2,690
	63.1%	57.4%
	9.6%	11.2%
	27.3%	31.4%
Vacant Housing
	1.7%	1.9%
	0.3%	0.4%
	0.9%	0.7%
	0.8%	0.4%
	0.8%	3.6%
	5.1%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	2.5%	2.4%
	3.5%	2.8%
	5.1%	3.9%
	6.4%	4.5%
	16.0%	11.3%
	17.1%	13.0%
	22.7%	20.1%
	12.1%	13.6%
	5.2%	8.3%
	4.3%	9.7%
	1.5%	3.9%
	0.7%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	11.4%	13.6%
	11.4%	13.6%
	12.1%	13.6%
	11.1%	13.2%
	13.0%	14.8%
	12.1%	13.6%
	12.6%	10.0%
	5.5%	4.7%
	16.2%	12.2%

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