Saint Peters appreciation rates and housing market information

Saint Peters housing market information

With 68,741 people, 12,555 houses or apartments, and a median cost of homes of $222,404, Saint Peters real estate is some of the most expensive in Missouri, although Saint Peters home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Saint Peters, accounting for 94.19% of the town's housing units. Other types of housing that are prevalent in Saint Peters include row houses and other attached homes (1.83%), duplexes, homes converted to apartments, or other small apartment buildings (1.52%), large apartment complexes or high rise apartments (1.26%), and a few mobile homes or trailers (1.20%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Saint Peters. Owner-occupied housing accounts for 91.84% of Saint Peters's homes, and 89.99% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Saint Peters built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Saint Peters built from 1995 and later (26.54%). A lesser amount of the housing stock also hails from 1940-1969 (5.68%), and some were built from 1939 and earlier (5.68%).

Saint Peters home appreciation rates

Real estate appreciation rates in Saint Peters have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.54% during the period.

Over the last year, Saint Peters appreciation rates have trailed the rest of the nation. In the last twelve months, Saint Peters's appreciation rate has been -0.52%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Saint Peters were at 0.12%, which equates to an annual appreciation rate of 0.48%.

Relative to Missouri, our data show that Saint Peters's latest annual appreciation rate is higher than 11% of the other cities and towns in Missouri.