August 2025 St. Louis City Real Estate Market Update: Rising Prices Amid Decreasing Sales

The St. Louis City real estate market has experienced notable shifts as of August 2025. Homes in the area sold for a median price of $247,250 in July 2025, marking a 9.89% increase from July 2024 when the median price was $225,000. However, this figure also represents a 4.52% decrease compared to June 2025, when the median sold price was $258,965. The median list price in July 2025 was $248,950, up 13.16% from $220,000 in July 2024, indicating a robust increase in seller expectations.

Despite the rise in prices, the number of home sales has decreased. In July 2025, there were 260 home sales in St. Louis City, a 16.40% drop from the 311 sales recorded in July 2024. These trends suggest a dynamic market where prices are climbing even as the volume of sales declines. For a visual representation of these trends, refer to the chart below, available exclusively from MORE, REALTORS®. This data underscores the evolving nature of the St. Louis real estate market, providing valuable insights for buyers, sellers, and real estate professionals alike.

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