Home Values in St. Louis, Missouri — 2026 Market Report
Updated March 2026 | Balanced Market | +2.3% YoY
The median home value in St. Louis, Missouri is $165,000 as of March 2026, which is below the national median of $400,000. Home values in St. Louis have increased by 2.3% over the past year and 12% over the last five years. With a population of 293,310 and a median household income of $45,250, the price-to-income ratio stands at 3.6x, making St. Louis affordable for the average household.
St. Louis Housing Market Conditions
| Metric | St. Louis | National Avg |
|---|---|---|
| Median Home Value | $165,000 | $400,000 |
| YoY Appreciation | +2.3% | +3.8% |
| 5-Year Appreciation | +12% | +22.4% |
| Price per Sq Ft | $49 | $222 |
| Days on Market | 56 days | 45 days |
| Months of Supply | 3.6 | 3.5 |
| List-to-Sale Ratio | 101.5% | 98.5% |
| Monthly Homes Sold | 143 | — |
| Foreclosure Rate | 0.47% | 0.3% |
Home Value Trends in St. Louis
A homeowner who purchased at the median price of $147,321 five years ago in St. Louis would have gained approximately $17,679 in equity, representing a 12% return on investment. Over the past year alone, the typical homeowner gained $3,710 in home equity.
Affordability in St. Louis, MO
With a median household income of $45,250 and a median home price of $165,000, the price-to-income ratio in St. Louis is 3.6x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $866 compared to estimated monthly ownership costs of $917 gives a rent-vs-buy ratio of 1.06. In St. Louis, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in St. Louis
The effective property tax rate in Missouri is 0.97%. On a home valued at $165,000, the estimated annual property tax bill is $1,601, or approximately $133/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in St. Louis is 87.5 (100 = national average), indicating living costs are below the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in St. Louis, MO?
The median home value in St. Louis, Missouri is $165,000 as of March 2026. Home values have changed +2.3% over the past year, with a 5-year appreciation of 12%.
Is St. Louis a buyer's or seller's market?
St. Louis is currently a balanced market with 3.6 months of housing supply. Homes spend an average of 56 days on market, and the list-to-sale price ratio is 101.5%. Supply and demand are relatively balanced.
Are home values going up in St. Louis?
Yes, home values in St. Louis have increased by 2.3% over the past year. The 5-year appreciation rate is 12%, meaning a home worth $147,321 five years ago is now worth $165,000.
Is it better to rent or buy in St. Louis?
The average monthly rent in St. Louis is $866, while estimated monthly homeownership costs are approximately $917. The price-to-rent ratio is 15.9. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other Missouri Cities
Related Resources
Disclaimer: Home value data for St. Louis, Missouri is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.