St. Peters, MO Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

St. Peters, MO Housing Market Trends

With a population of 58,212, 22,490 total housing units (homes and apartments), and a median house value of $214,072, St. Peters real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in St. Peters, accounting for 71.48% of the city's housing units. Other types of housing that are prevalent in St. Peters include large apartment complexes or high rise apartments ( 10.86%), row houses and other attached homes ( 9.53%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.41%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in St. Peters. Owner-occupied housing accounts for 81.40% of St. Peters's homes, and 70.51% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in St. Peters built from 1970 to 1999 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 St. Peters built between 2000 and later ( 21.14%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.08%).

St. Peters Home Appreciation Rates

Appreciation rates for homes in St. Peters have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 33.32%, which ranks in the top 50% nationwide. This equates to an annual average St. Peters house appreciation rate of 2.92%.

Over the last year, St. Peters appreciation rates have trailed the rest of the nation. In the last twelve months, St. Peters's appreciation rate has been 4.50%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in St. Peters were at 1.69%, which equates to an annual appreciation rate of 6.92%.

Relative to Missouri, our data show that St. Peters's latest annual appreciation rate is lower than 80% 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. Peters differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in St. Peters - 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. Peters real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$214,072

St. Peters, MO HOME PRICES

> $1,183,000
0.1%
0.1%
$887,001 - $1,183,000
0.5%
0.5%
$592,001 - $887,000
1.6%
1.6%
$473,001 - $592,000
1.8%
1.8%
$355,001 - $473,000
7.5%
7.5%
$237,001 - $355,000
28.3%
28.3%
$118,001 - $237,000
53.2%
53.2%
$59,001 - $118,000
4.5%
4.5%
$0 - $59,000
2.5%
2.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for MO

Value Relative To Nation

Number Of Homes And Apartments:
22,490

St. Peters Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
68.49% 2.52%
7
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,290 / per month

Homeownership Rate

Owners
81.4%
81.4%
Renters
18.6%
18.6%
Vacant
4.5%
4.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
21.1%
21.1%
1970 - 1999
73.0%
73.0%
1940 - 1969
5.1%
5.1%
1939 or Older
0.8%
0.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
71.5%
71.5%
Townhomes
9.5%
9.5%
Small Apt. Buildings
6.4%
6.4%
Apt. Complexes
10.9%
10.9%
Mobile Homes
1.7%
1.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.5%
0.5%
1 Bedroom
5.0%
5.0%
2 Bedrooms
21.4%
21.4%
3 Bedrooms
47.0%
47.0%
4 Bedrooms
23.5%
23.5%
5 or more bedrooms
2.5%
2.5%
0.0% 100.0%
% OF HOMES