The housing market in St. Louis, MO is an attractive one, as the median housing value in the area is $214,500 - lower than the US median house value of $338,100. Although the appreciation rate for houses in the area is slightly lower than that of the US at 7.74% compared to 8.27%, this still provides a good opportunity for potential buyers looking for a lower-priced home with plenty of potential for further appreciation over time.
The median home cost in St. Louis (zip 63101) is $214,500. Home appreciation the last 10 years has been 68.8%. Home Appreciation in St. Louis (zip 63101) is up 11.4%.
Average Age of Homes
- The median age of St. Louis (zip 63101) real estate is 78 years old
The Rental Market in St. Louis (zip 63101)
- Renters make up 66.4% of the St. Louis (zip 63101) population
- 3.6% of houses and apartments in St. Louis (zip 63101), 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.