Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 308,626, 139,741 total housing units (homes and apartments), and a median house value of $145,488, house prices in St. Louis are solidly below the national average.
Single-family detached homes are the single most common housing type in St. Louis, accounting for 42.73% of the city's housing units. Other types of housing that are prevalent in St. Louis include duplexes, homes converted to apartments or other small apartment buildings ( 29.65%), large apartment complexes or high rise apartments ( 23.94%), and a few row houses and other attached homes ( 3.21%).
People in St. Louis primarily live in small (one, two or no bedroom) single-family detached homes. St. Louis has a mixture of owner-occupied and renter-occupied housing.
The housing in St. Louis was primarily built before 1939 ( 56.41%), making the housing stock in St. Louis some of the oldest overall in America, although there is a range of ages of homes in St. Louis. The next most important housing age is between 1940-1969 ( 27.06%), followed by between 1970-1999 ( 10.62%). There's also some housing in St. Louis built between 2000 and later ( 5.91%).
Vacant housing appears to be an issue in St. Louis. Fully 20.67% of the housing stock is classified as vacant. Left unchecked, vacant St. Louis homes and apartments can be a drag on the real estate market, holding St. Louis real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in St. Louis's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.71% during the period.
NeighborhoodScout's data show that during the latest twelve months, St. Louis's appreciation rate, at 5.82%, has been at or slightly above the national average. In the latest quarter, St. Louis's appreciation rate has been 1.88%, which annualizes to a rate of 7.73%.
Relative to Missouri, our data show that St. Louis's latest annual appreciation rate is higher than 70% of the other cities and towns in Missouri.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within St. Louis differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in St. Louis - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best St. Louis real estate investment or home purchase decisions.
|$872,001 - $1,163,000||0.6|
|$581,001 - $872,000||1.7|
|$465,001 - $581,000||2.6|
|$349,001 - $465,000||4.9|
|$233,001 - $349,000||12.1|
|$116,001 - $233,000||33.2|
|$58,001 - $116,000||27.0|
|$0 - $58,000||17.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q3 - 2018 Q4
Last 12 Months:
2017 Q4 - 2018 Q4
Last 2 Years:
2016 Q4 - 2018 Q4
Last 5 Years:
2013 Q4 - 2018 Q4
Last 10 Years:
2008 Q4 - 2018 Q4
2000 Q1 - 2018 Q4
|* 10 is highest|
|AGE OF St. Louis HOMES|
|2000 or Newer||5.9|
|1970 - 1999||10.6|
|1940 - 1969||27.1|
|1939 or Older||56.4|
|TYPE OF St. Louis HOMES|
|Small Apt. Buildings||29.6|
|SIZE OF St. Louis HOMES|
|5 or more bedrooms||2.75|