As of October 2, 2025, the St. Louis real estate market is experiencing a varied trend in mortgage rates, providing both opportunities and challenges for homebuyers and sellers. The 30-year fixed mortgage rate remains unchanged at 6.37%, maintaining a moderate level above the 6% threshold. Meanwhile, the 15-year fixed rate has seen a slight decrease, now at 5.88%, down by 0.01%. This shift suggests a potential opportunity for those considering shorter-term financing options.
The market’s mixed movement is also reflected in other mortgage categories. The 30-year jumbo rate has decreased to 6.27%, offering relief for buyers looking at higher-priced properties. Conversely, the 30-year FHA rate has increased slightly to 6.05%. The adjustable rate mortgage (7/6 SOFR ARM) has decreased to 5.78%, potentially attracting buyers interested in lower initial rates. These fluctuations highlight the importance of staying informed on current mortgage trends to make savvy financial decisions.
For St. Louis area buyers, these rate changes present a dynamic landscape. Those considering a 15-year loan may find the lower rates particularly appealing, while jumbo loan seekers can benefit from the reduced rates. Sellers might also find these conditions favorable as they can attract a diverse pool of buyers with varying financing needs. For a detailed view of historical rates, the chart button below provides comprehensive insights. This information is brought to you by MORE, REALTORS®, ensuring you have the latest data to navigate the St. Louis real estate market effectively.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.37%
+0.00%
15 Yr. Fixed
5.88%
-0.01%
30 Yr. FHA
6.05%
+0.00%
30 Yr. Jumbo
6.27%
-0.01%
7/6 SOFR ARM
5.78%
-0.04%
30 Yr. VA
6.06%
-0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of October 2, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
On October 1, 2025, the U.S. federal government officially shut down after lawmakers failed to reach a deal to fund operations. The shutdown affects a wide range of federal agencies and services, many of which are relevant to the residential real estate market. One immediate impact is the lapse in authority for the National Flood Insurance Program (NFIP), which prevents new or renewed flood insurance policies from being issued. This directly affects home closings in flood zones, including parts of the St. Louis region where flood insurance is mandatory for federally backed loans.
While Fannie Mae and Freddie Mac continue operating because they are not dependent on annual appropriations, other parts of the mortgage process are already seeing slowdowns. IRS income transcript services, used by lenders for verification, may be delayed or unavailable. FHA and VA loans, which are used in many first-time buyer transactions, may also be delayed due to limited staffing at those agencies. If the shutdown drags on, the cumulative effect could cause delays in closings, increased buyer uncertainty, and a slowdown in overall transaction volume, particularly in markets like St. Louis where FHA and VA loans represent a significant share of activity.
If the shutdown is short, the damage may be minimal. But if it continues, homebuyers, sellers, lenders, and agents in St. Louis could be dealing with real consequences, from delayed deals to dropped contracts, in the weeks ahead.
FTC Lawsuit Alleges Zillow-Redfin Deal Stifles Competition and Hurts Renters
In what could be a major shake-up for the rental housing market, the Federal Trade Commission (FTC) has filed a lawsuit against Zillow and Redfin, claiming the two companies struck an illegal agreement that essentially kills off competition in the online rental advertising space. According to the FTC, Zillow paid Redfin $100 million earlier this year to abandon its multifamily rental advertising business, hand over key customer data, and even help Zillow poach Redfin employees. The result? Redfin stopped selling rental ads and now only displays Zillow’s listings on its sites, like Rent.com and ApartmentGuide.com. That means fewer choices and potentially higher costs for both landlords and renters.
For renters, this could mean fewer places to browse for listings, fewer deals, and less innovation on the platforms they use every day. For landlords and property managers, it means one less major player competing for their ad dollars — and less competition often leads to higher prices and fewer features. Agents who work in leasing or investor sales may also feel the impact, especially if they’ve relied on Redfin’s tools to market multifamily properties. The FTC argues that this move gives Zillow too much power in a market already dominated by just a few players and violates both the Sherman and Clayton Acts.
The implications are big, especially in markets like St. Louis, where multifamily rentals play a vital role in the local housing economy. The FTC wants the court to unwind the deal and restore competition. Until then, it’s a case worth watching — whether you’re a renter trying to find your next home, an investor marketing a property, or an agent trying to help your clients navigate a shifting digital landscape.
As of September 25, 2025, the St. Louis real estate market is experiencing a mixed trend in mortgage rates. The 30-year fixed mortgage rate remains unchanged at 6.37%, maintaining its position above 6% and indicating ongoing stability despite the overall rising trend in the market. Meanwhile, the 15-year fixed mortgage rate saw a slight decrease, dropping by 0.01% to 5.89%. This minor reduction in the 15-year rate could offer some relief to potential homebuyers looking for shorter-term financing options.
For St. Louis homebuyers and sellers, these rate movements bring both challenges and opportunities. The unchanged 30-year fixed rate suggests a stable long-term borrowing cost, which could help maintain a predictable budget for homeowners. However, the slight decrease in the 15-year rate may prompt some buyers to consider shorter loan terms, potentially leading to faster equity accumulation and interest savings. The mixed changes in other rates, such as the 30-year Jumbo and 7/6 SOFR ARM, highlight the need for borrowers to carefully evaluate their options based on their unique financial situations.
For a deeper understanding of how these rates compare to historical trends, you can refer to the chart button below. This analysis is provided by MORE, REALTORS®, ensuring that potential buyers and sellers have access to the latest and most accurate information on current mortgage rates in the St. Louis area.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.37%
+0.00%
15 Yr. Fixed
5.89%
-0.01%
30 Yr. FHA
6.05%
-0.01%
30 Yr. Jumbo
6.27%
+0.01%
7/6 SOFR ARM
5.82%
+0.02%
30 Yr. VA
6.08%
+0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of September 25, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
The St. Louis City real estate market in August 2025 saw notable changes compared to the previous year. Homes sold for a median price of $235,000, marking a 7.55% increase from August 2024’s median of $218,500. However, this figure reflects a 5.05% decrease from July 2025, when the median sold price was $247,500. The median list price in August 2025 also rose to $235,000, up 6.82% from $220,000 in August 2024.
Despite these price increases, the number of home sales in St. Louis City decreased. In August 2025, there were 285 sales, a 6.25% drop from the 304 sales recorded in August 2024. The chart below, available exclusively from MORE, REALTORS®, illustrates these trends, providing a comprehensive view of the market dynamics. For those looking to navigate the St. Louis real estate landscape, MORE, REALTORS® offers expert insights and guidance.
A federal class-action lawsuit filed September 19, 2025, claims Zillow uses its dominant position in online real estate to mislead home buyers and conceal referral-based payments. The complaint states that Zillow “tricks [buyers] into signing up with a Zillow agent,” describing a system that hides Zillow’s involvement behind user-friendly website buttons and misleads consumers into thinking they are contacting the listing agent.
The lawsuit states: “Zillow’s website has a big button in bright blue lettering posted next to the house listing that says ‘Contact Agent’… Buyers, however, naturally believe they are contacting the listing agent. Instead, they are routed to a Zillow-affiliated buyer’s agent.” It continues, “Zillow designs its website to trick potential buyers into connecting with a Zillow-affiliated agent instead of the seller’s agent.”
Once a consumer clicks the button, “Zillow farms out these leads to Zillow-affiliated agents who are part of the Zillow Flex program.” Those agents then “arrange a tour of the home by getting the buyer to sign a ‘Touring Agreement.’ The ‘Touring Agreement’ promises the buyer that the agent’s services are ‘free,’ but this is deceptive and not true: if the sale goes through, the buyer’s agent still receives a commission.” If that agent is a Zillow Flex agent, “he or she has to pay Zillow up to 40% of the agent’s commission,” a charge described as “Hidden Zillow Fees,” which are “never disclosed to the buyer or the seller”.
While the Touring Agreement is introduced early in the process, it’s important to note that the local agent, the one actually working with the buyer, may, and often does, go on to explain representation, buyer agency agreements, and compensation clearly and transparently. The lawsuit does not claim that local agents are misleading consumers. Its allegations are directed specifically at how Zillow’s platform is structured and presented, not at the behavior of the agents receiving leads.
The suit further alleges that Zillow exercises strict control over agents in its Flex program: “Zillow Flex agents are also required to steer buyers to Zillow Home Loans; if the agents fail to meet certain quotas, they are dropped from the program.”
According to the lawsuit, “Zillow’s scheme has the intent and the effect of unlawfully maintaining high and inflexible commissions that drive up the prices that buyers must pay.”
Referral fees, such as those paid in the Flex program, are a common part of the real estate industry. Agents frequently pay similar fees to relocation companies or out-of-market brokerages when working with referred clients. Disclosure of referral fees to consumers is not required under RESPA or Missouri/Illinois real estate license law, and is not standard industry practice. The lawsuit does not take issue with referral fees themselves, but rather with the way Zillow’s platform allegedly misleads consumers into thinking they are contacting the listing agent and not disclosing the corporate connection or fee structure.
If you’re looking for a home in St. Louis or considering selling one, it’s worth remembering that **you have local options. The official St Louis Real Estate Search site includes all listings from MARIS, the same data Zillow uses, but is operated by local real estate professionals at MORE, REALTORS®. You can also check your home’s estimated value using the free Home Valuation Tool based on real-time market conditions.
The full lawsuit is included below for those who want to read the complete filing.
The Franklin County real estate market experienced notable growth in August 2025, with homes selling for a median price of $293,000. This marks a 14.90% increase from August 2024, when the median sold price was $255,000, and an 11.62% rise from July 2025, which saw a median sold price of $262,500. The median list price also climbed to $289,900, up 14.81% from $252,500 in August 2024. Additionally, the number of home sales increased by 3.33%, with 124 homes sold compared to 120 in the same month last year. For a visual representation of these trends, please refer to the chart below, available exclusively from MORE, REALTORS®. Stay informed on the latest real estate trends in Franklin County with insights from MORE, REALTORS®, your trusted source for St. Louis, MO real estate updates.
In August 2025, the St. Louis County real estate market experienced notable changes, with homes selling for a median price of $290,000. This represents a 5.07% increase from the median sold price of $276,000 in August 2024. However, it marks a 2.36% decrease from July 2025, when the median sold price was $297,000. The median list price also saw growth, reaching $289,900, up 5.42% from $275,000 in August 2024.
The number of home sales in the region was slightly down, with 1,297 transactions in August 2025, a 0.46% decline from the 1,303 sales recorded in August 2024. For a visual representation of these trends, refer to the chart below, available exclusively from MORE, REALTORS®. This chart provides a detailed look at the evolving dynamics of the St. Louis County real estate market, offering invaluable insights for buyers, sellers, and industry professionals.
In September 2025, St. Louis homebuyers continue to face a challenging market as mortgage rates remain elevated. The 30-year fixed-rate mortgage stands at 6.22%, reflecting a 0.09% increase since last reported. The 15-year fixed mortgage also edged up to 5.75%. While some may have expected relief after the Federal Reserve’s latest move, that hasn’t materialized—at least not yet.
Yesterday, the Federal Reserve announced its first rate cut of the year, lowering the federal funds rate by 25 basis points to a target range of 4.00% to 4.25%. This marked a shift in policy as the Fed responded to slowing job growth and a cooling economy. However, unlike some past rate cuts, mortgage rates have not dropped in tandem.
This disconnect is due to a few key reasons. Mortgage rates are primarily influenced by longer-term Treasury yields and the pricing of mortgage-backed securities (MBS), not just the Fed’s short-term rate. Inflation remains higher than the Fed’s target, and concerns over future price growth are keeping long-term yields elevated. In addition, the Fed has continued reducing its balance sheet, including MBS holdings, which has made the mortgage market more volatile and less liquid.
In plain terms, even though the Fed is trying to ease overall borrowing costs, the market isn’t fully cooperating—at least not yet. So, while the rate cut may have helped prevent mortgage rates from going even higher, it’s not delivering the kind of relief buyers might expect.
For St. Louis-area buyers, this means affordability is still under pressure. Higher rates translate to higher monthly payments, and that may cause some buyers to delay their plans. Sellers may also notice more hesitancy from buyers. While the Fed’s action is a step toward lower rates, the mortgage market is marching to its own beat right now.
To better understand these trends and historical rate changes, prospective buyers and sellers can refer to the chart button below for detailed historical data. This information is provided by MORE, REALTORS®, a trusted source for real estate insights in the St. Louis area. Staying informed and working with an experienced real estate professional is key in a market like this.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.22%
+0.09%
15 Yr. Fixed
5.75%
+0.04%
30 Yr. FHA
5.95%
+0.04%
30 Yr. Jumbo
6.14%
-0.01%
7/6 SOFR ARM
5.65%
+0.00%
30 Yr. VA
5.98%
+0.06%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of September 18, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
The St. Louis metropolitan area is experiencing a dynamic real estate market, with certain zip codes in both Missouri and Illinois standing out for their rapid sales. Leading the pack is zip code 62014 in Macoupin County, Illinois, where homes are selling at an unprecedented pace. With an average of 0 days on the market, the 7 active listings in this area have an average list price of $231,157. This swift turnover highlights a robust demand for properties, making it an attractive prospect for both buyers and sellers looking to capitalize on the current market conditions.
Close behind, zip code 62204 in St. Clair County, Illinois, also boasts 7 listings with an average market time of 0 days. Not far from the top, Clinton County’s 62230 zip code features 6 listings, similarly selling in 0 days on average. These areas are proving to be hotspots for families and individuals alike, seeking to invest or settle in the vibrant St. Louis region. For a complete list of the fastest selling zip codes, interested parties can refer to the detailed report provided by MORE, REALTORS®. With such rapid movement in these markets, potential buyers and sellers are encouraged to act swiftly to take advantage of these opportunities.
The Jefferson County real estate market continues to show dynamic shifts as we move into September 2025. In August 2025, homes sold for a median price of $300,000, marking a 7.53% increase from August 2024, when the median sold price was $279,000. However, this figure represents a slight decrease of 1.64% from July 2025’s median sold price of $305,000.
The median list price in August 2025 was $295,000, an 8.88% rise from $270,950 in August 2024. Despite the increase in listing prices, the number of home sales experienced a downturn. There were 253 home sales in Jefferson County in August 2025, a 10.28% decrease from the 282 sales recorded in August 2024.
For a detailed breakdown of these statistics, refer to the chart below, available exclusively from MORE, REALTORS®. This data-driven insight is vital for anyone interested in the St. Louis, MO real estate market, providing a clear picture of current trends and helping you make informed decisions.
If you’re considering buying or selling a home in the St. Louis metropolitan area, keeping an eye on the fastest selling school districts can give you a competitive edge. Leading the pack is ASHLEY DIST 15 in Illinois, where homes have been flying off the market at an unprecedented pace. With an average of zero days on the market and an average list price of $194,450, this district is attracting considerable attention from families looking for quick transactions and competitive pricing.
Following closely is the Bayless district in Unincorporated, Missouri, which also boasts an average of zero days on the market across 13 listings. BREESE DIST 12 in Illinois rounds out the top three, with its four listings moving just as swiftly. For those interested in a complete list of the fastest selling school districts, MORE, REALTORS® provides additional insights at the end of this article. Whether you’re buying or selling, understanding these market dynamics can help you make informed decisions in the vibrant St. Louis real estate market.
As of September 11, 2025, mortgage rates in the St. Louis area continue their upward trajectory, maintaining levels that have become the norm in recent months. The 30-Year Fixed Rate remains unchanged at a moderate 6.29%, while the 15-Year Fixed Rate has seen a slight increase, now standing at 5.70%. This minor uptick marks a continued trend toward higher borrowing costs, reflecting broader economic conditions impacting mortgage rates nationwide.
For prospective homebuyers and sellers in the St. Louis market, these rate changes signify a period of careful consideration. Buyers may find the cost of financing a home slightly more challenging, impacting their purchasing power. Conversely, sellers might experience a slow-down in demand, necessitating strategic pricing to attract buyers. Experts suggest keeping an eye on the adjustable rate offerings, such as the 7/6 SOFR ARM, which has decreased to 5.65%, presenting a potentially attractive option for those seeking lower initial payments.
For a historical perspective on how these rates have evolved, please refer to the chart button below. This information is brought to you by MORE, REALTORS®, providing insights into the current mortgage landscape and its implications for the St. Louis real estate market.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.29%
+0.00%
15 Yr. Fixed
5.70%
+0.01%
30 Yr. FHA
5.99%
+0.01%
30 Yr. Jumbo
6.25%
+0.00%
7/6 SOFR ARM
5.65%
-0.03%
30 Yr. VA
6.01%
+0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of September 11, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
The August 2025 housing data from Realtor.com® shows the national housing market gradually shifting toward balance, but here in St. Louis, we continue to stand out as one of the tightest markets in the country. While inventory is rising across much of the U.S., St. Louis saw just a 13.6% increase in active listings year-over-year—well below the national 20.9% gain. Even more telling, our market had only 2.9 months of supply in June, a strong indicator that sellers still have the upper hand locally, despite the broader cooling trend.
Across the 50 largest metros, St. Louis ranks among those with the lowest inventory relative to pre-pandemic levels, and while home prices nationally have flattened, local list prices have held fairly steady. In August, the median list price in St. Louis was $300,000, down just 0.6% from last year, and price per square foot declined only 1.5%. With homes selling in just 4 days longer than a year ago, our region is seeing far less slowdown in buyer activity compared to markets like Las Vegas, Nashville, or Miami, where days on market are stretching significantly longer.
That said, the trend of more listings with price reductions is beginning to show up locally as well—17.1% of homes in St. Louis had price cuts in August, up slightly from last year. This suggests that while demand remains relatively strong, buyers are pushing back on price in some segments of the market. Still, with continued tight supply and homes selling faster than the national average, St. Louis remains a competitive market, especially for well-priced, move-in-ready homes.
For sellers, this means there’s still a strong opportunity—but proper pricing is key. For buyers, staying alert and ready to move quickly is more important than ever. And whether you’re on the buying or selling side, working with an experienced local agent can make all the difference. If you’re considering a move in the St. Louis area, I encourage you to reach out to MORE, REALTORS®
The Metro East real estate market continues to show robust activity, as evidenced by the latest data from August 2025. Homes in the area sold for a median price of $210,000, marking a 5.00% increase from the median sold price of $200,000 in August 2024. However, this figure represents an 8.70% decline from July 2025, when the median sold price was $230,000. The median list price also saw an uptick, reaching $209,900, which is a 5.11% rise from $199,700 in August 2024.
Home sales volume has also increased, with 675 homes sold in August 2025, up 3.53% from 652 sales in the same month last year. This data is illustrated in the chart below, available exclusively from MORE, REALTORS®. These trends highlight the dynamic nature of the Metro East real estate market, making it an important area for potential buyers and sellers to watch closely. For more detailed insights and assistance, contact MORE, REALTORS®, your trusted partner in navigating the St. Louis, MO real estate landscape.
The St. Charles County real estate market experienced notable shifts in August 2025. Homes sold for a median price of $357,195, marking a 1.55% increase from the median price of $351,750 in August 2024. However, this figure represents a 2.80% decrease compared to July 2025, when the median sold price was $367,500. The median list price remained stable at $350,000, unchanged from August 2024.
In terms of sales volume, there were 475 home sales in August 2025, reflecting an 8.30% decline from the 518 homes sold in August 2024. For a visual representation of these trends, refer to the chart below, available exclusively from MORE, REALTORS®. This chart provides a comprehensive overview of the market dynamics and is a valuable resource for anyone interested in the St. Louis, MO real estate scene. For further insights and expert guidance, consider reaching out to MORE, REALTORS®, your trusted partner in navigating the St. Louis real estate market.
The real estate market in the St. Louis Metropolitan Statistical Area (MSA) experienced notable changes in August 2025. Homes sold for a median price of $285,000, marking a 5.24% increase from the median price of $270,800 in August 2024. However, this represents a slight decrease of 2.56% from July 2025, when the median price was $292,500. The median list price saw a similar trend, rising to $284,900 in August 2025, up 5.52% from $270,000 in August 2024.
In terms of sales volume, there were 3,306 home sales in the St. Louis MSA during August 2025, a slight decrease of 1.52% compared to the 3,357 homes sold in August 2024. For a visual representation of these trends, refer to the chart below, which is available exclusively from MORE, REALTORS®. This data provides valuable insights for buyers and sellers navigating the dynamic St. Louis real estate market.
As of early September 2025, St. Louis homebuyers are witnessing a favorable shift in mortgage rates, with notable decreases across several categories. The 30-year fixed rate mortgage has dipped to 6.49%, down by 0.04%, marking a significant drop below the 6.5% threshold that had been maintained in recent months. Similarly, the 15-year fixed rate now stands at 5.85%, showing a slight decrease of 0.03%. These reductions reflect a broader trend of falling rates in the market, offering potential buyers and refinancers in the St. Louis area a more attractive environment for securing home loans.
For those considering larger homes, the 30-year jumbo rate is currently at 6.42%, while government-backed loans such as the 30-year FHA and 30-year VA are also seeing reductions, with rates at 6.05% and lower, respectively. Adjustable-rate mortgages, exemplified by the 7/6 SOFR ARM, have decreased to 5.82%, providing another flexible option for buyers. These shifts present an opportunity for both buyers and sellers in St. Louis; buyers can benefit from lower monthly payments, while sellers may see increased interest and activity in the market.
For a more detailed look at historical rate changes, please refer to the chart button below. This information is provided by MORE, REALTORS®, ensuring that you are equipped with the most current and comprehensive data on St. Louis mortgage rates. Whether you’re entering the market or considering refinancing, these rate adjustments could significantly impact your financial plans and homebuying strategy.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.49%
-0.04%
15 Yr. Fixed
5.85%
-0.03%
30 Yr. FHA
6.05%
-0.04%
30 Yr. Jumbo
6.42%
-0.05%
7/6 SOFR ARM
5.82%
-0.09%
30 Yr. VA
6.07%
-0.03%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of September 4, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
In August 2025, the St. Louis real estate market is witnessing a slight yet noteworthy decline in mortgage rates, providing a glimmer of hope for potential homebuyers. The 30-year fixed mortgage rate has decreased marginally by 0.01%, settling at 6.51%. Similarly, the 15-year fixed rate has dropped by 0.02% to 5.88%. These small reductions, although modest, are a positive signal for those looking to enter the housing market in a period where rates have consistently hovered above 6.5%.
For local buyers and sellers in St. Louis, these rate adjustments could have significant implications. Buyers may find this dip an encouraging sign to take advantage of slightly lower borrowing costs, while sellers might see increased activity as more buyers are drawn to the market. It’s an opportune moment to explore the potential for refinancing existing loans or locking in rates before any future increases. To view how these rates have changed over time, please refer to the chart button below for historical data.
According to MORE, REALTORS®, these changes reflect a broader trend of falling rates, which could stimulate the St. Louis housing market. As rates continue their gradual descent, it’s crucial for both buyers and sellers to stay informed about these shifts to make the most financially sound decisions. Keep an eye on current mortgage rates and local market trends to navigate this evolving landscape effectively.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.51%
-0.01%
15 Yr. Fixed
5.88%
-0.02%
30 Yr. FHA
6.08%
-0.02%
30 Yr. Jumbo
6.48%
-0.02%
7/6 SOFR ARM
5.95%
-0.02%
30 Yr. VA
6.09%
-0.03%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 28, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
In August 2025, St. Louis homebuyers and sellers are witnessing a continued rise in mortgage rates, with the 30-year fixed-rate mortgage reaching 6.54%, marking a 0.02% increase. This upward trend is mirrored across other mortgage products, including the 15-year fixed rate which rose to 5.93%, and the 30-year jumbo rate now standing at 6.55%. These rate increases are indicative of a tightening mortgage market in St. Louis, further evidenced by the 30-year FHA rate at 6.12% and the adjustable 7/6 SOFR ARM at 5.99%.
For prospective buyers in St. Louis, these rising rates may impact affordability and purchasing power, potentially influencing their home buying decisions. Sellers might also feel the effects as higher rates could temper demand, prompting strategic pricing adjustments. As the market shifts, both buyers and sellers should consider these changes and consult with local real estate experts to navigate the evolving landscape.
For a detailed view of historical mortgage rates, please refer to the chart button below. This information is brought to you by MORE, REALTORS®, providing insights into the St. Louis real estate market. Stay informed on the latest trends in ‘St Louis mortgage rates’ and ‘current mortgage rates’ to make well-informed real estate decisions.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.54%
+0.02%
15 Yr. Fixed
5.93%
+0.03%
30 Yr. FHA
6.12%
+0.01%
30 Yr. Jumbo
6.55%
+0.00%
7/6 SOFR ARM
5.99%
+0.00%
30 Yr. VA
6.14%
+0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 25, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
In August 2025, St. Louis mortgage rates have continued their upward trajectory, with the 30-year fixed rate nudging up to 6.61%, a small increase of 0.01% from previous levels. This shift follows a pattern of rising rates, impacting the affordability of home loans within the region. The 15-year fixed rate also saw a modest increase, reaching 5.97%. However, not all rates followed the same path; the 30-year Jumbo rate decreased slightly, signaling mixed movements in the mortgage landscape.
For prospective homebuyers in St. Louis, these rising rates could mean higher monthly payments, potentially affecting purchasing power in an already competitive market. Sellers might experience a shift in buyer urgency, as some may look to lock in rates before further increases. The current economic conditions make it vital for both buyers and sellers to stay informed. Historical data, accessible via the chart button below, can provide additional insights into these trends.
The information in this report is provided by MORE, REALTORS®, offering a comprehensive overview of current mortgage conditions in the St. Louis area. As rates climb, understanding these fluctuations becomes crucial for making informed real estate decisions. For ongoing updates and detailed analysis, keep an eye on local real estate news and resources.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.61%
+0.01%
15 Yr. Fixed
5.97%
+0.01%
30 Yr. FHA
6.19%
+0.01%
30 Yr. Jumbo
6.68%
-0.02%
7/6 SOFR ARM
6.13%
-0.03%
30 Yr. VA
6.21%
+0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 21, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
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.
In July 2025, the St. Louis County real estate market saw a notable increase in home prices, with homes selling for a median price of $299,250. This represents a 6.78% increase from the median price of $280,250 recorded in July 2024. However, the median sold price in July 2025 shows a slight decrease of 0.75% from June 2025, when it was $301,500. The median list price in July 2025 was $289,900, marking a 5.42% rise compared to $275,000 in July of the previous year.
The number of home sales in St. Louis County experienced a minor decline, with 1,310 homes sold in July 2025, down 0.46% from the 1,316 homes sold in July 2024. The chart below, available exclusively from MORE, REALTORS®, illustrates these trends and provides a comprehensive overview of the current market dynamics. For those interested in detailed insights and data on the St. Louis County real estate market, MORE, REALTORS® remains a trusted resource.
In the latest update for the Franklin County real estate market, July 2025 saw homes selling for a median price of $260,000. This marks a 5.80% decrease from the median price of $276,000 recorded in July 2024. Additionally, the July 2025 median price represents a slight decline of 0.57% compared to June 2025’s median of $261,500. The median list price for homes in July 2025 was $269,000, down 3.76% from $279,500 in July 2024.
Despite the decrease in prices, home sales in Franklin County have seen a notable increase. In July 2025, there were 119 home sales, a significant rise of 15.53% from the 103 sales in July 2024. The chart below, available exclusively from MORE, REALTORS®, illustrates these trends and provides further insights into the current market dynamics. For those interested in the St. Louis, MO real estate market and looking for expert guidance, MORE, REALTORS® is your trusted partner.
As of August 18, 2025, mortgage rates in the St. Louis area have seen a notable rise, with the 30-year fixed rate now at 6.58%, up by 0.02%. This marks a continued trend of increasing mortgage costs, pushing rates to levels above 6.5%, a significant milestone for potential homebuyers and refinancers. The 15-year fixed rate also experienced a slight uptick, now standing at 5.95%, reflecting a broad upward trajectory across various loan products including the 30-year FHA and Jumbo options.
For those navigating the St. Louis real estate market, these climbing rates could impact purchasing power and monthly affordability. Buyers might face higher monthly payments, while sellers may need to adjust pricing expectations as the pool of potential buyers shrinks due to increased borrowing costs. It’s crucial for market participants to stay informed of these changes. For historical rate comparisons and further insights, interested parties are encouraged to refer to the chart button below.
Provided by MORE, REALTORS®, this data highlights the importance of timing in real estate transactions as mortgage rates shape the landscape of buying and selling in St. Louis. Keeping a close eye on these trends can help both buyers and sellers make informed decisions in a dynamic market environment.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.58%
+0.02%
15 Yr. Fixed
5.95%
+0.01%
30 Yr. FHA
6.18%
+0.03%
30 Yr. Jumbo
6.69%
+0.01%
7/6 SOFR ARM
6.15%
+0.00%
30 Yr. VA
6.19%
+0.02%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 18, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
The St. Louis metropolitan area is experiencing a vibrant real estate market, with certain zip codes leading the charge in rapid home sales. Topping the list is zip code 63012 in Jefferson County, Missouri, where homes are flying off the market with an average listing duration of zero days. This area currently boasts nine active listings, with an average list price of $376,089, making it an attractive option for families seeking swift transactions and competitive pricing.
Following closely are zip codes 63074 and 63126, both located in St. Louis, Missouri. Each of these areas also sees homes selling within zero days on the market, with 15 and 16 active listings, respectively. The demand for homes in these zip codes highlights the dynamic nature of the St. Louis real estate scene, offering promising opportunities for both buyers and sellers. For a complete list of the fastest selling zip codes, potential buyers and sellers can refer to the detailed insights provided by MORE, REALTORS® at the end of this article. Whether you’re looking to buy or sell, these hot markets offer a glimpse into the thriving real estate opportunities within the St. Louis area.
The Jefferson County real estate market continues to show strong growth as of August 2025, with significant increases in both home prices and sales activity. In July 2025, homes in Jefferson County sold for a median price of $305,000, marking a 9.71% increase from July 2024, when the median sold price was $278,000. This upward trend is further highlighted by a 7.02% rise from June 2025’s median sold price of $285,000, indicating a robust demand for homes in the area.
The median list price also saw a notable increase, reaching $299,950 in July 2025, up 11.13% from $269,900 in July 2024. This aligns with the overall positive trajectory of the market, suggesting a competitive atmosphere for buyers.
Home sales in Jefferson County remained steady, with 296 homes sold in July 2025, representing a slight increase of 0.34% from 295 sales in July 2024. This stability in sales volume, combined with rising prices, underscores the area’s ongoing appeal to homebuyers.
For a detailed visual representation of these trends, refer to the chart below, available exclusively from MORE, REALTORS®. This data-driven insight is essential for those interested in the St. Louis, MO real estate market, providing valuable information for both buyers and sellers.
As of mid-August 2025, mortgage rates in the St. Louis real estate market continue their upward trajectory, with the 30-year fixed rate now at 6.56%, marking a 0.03% increase. This rise places the rate well above the 6.5% threshold, a level not seen in recent months, signaling a challenging environment for prospective homebuyers. Meanwhile, the 15-year fixed rate has also seen an increase, settling at 5.94%, up by 0.04%. These adjustments reflect a broader trend of rising interest rates, affecting various loan types, including FHA, Jumbo, and VA mortgages, all of which have seen increases.
For buyers in the St. Louis area, these rate hikes could mean higher monthly payments and a potential reassessment of budgets. Sellers might also feel the impact as higher rates could dampen buyer enthusiasm, potentially leading to longer listing times. Despite these challenges, the market remains resilient, with many buyers still eager to secure properties before rates climb further. To explore historical rate trends, please refer to the chart button below. This data is provided by MORE, REALTORS®, offering a comprehensive view of current mortgage conditions.
As the market adjusts to these new rate levels, both buyers and sellers are advised to stay informed and consult with local real estate experts to navigate the evolving landscape effectively. Keeping an eye on trends in St. Louis mortgage rates is essential for making informed decisions in this dynamic market.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.56%
+0.03%
15 Yr. Fixed
5.94%
+0.04%
30 Yr. FHA
6.15%
+0.04%
30 Yr. Jumbo
6.68%
+0.01%
7/6 SOFR ARM
6.15%
+0.03%
30 Yr. VA
6.17%
+0.05%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 14, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
The St. Charles County real estate market demonstrated a robust performance in July 2025, with the median home selling price reaching $367,500, marking a 2.08% increase from the previous year. This figure slightly dipped by 0.68% from June 2025’s median selling price of $370,000. Despite the month-to-month fluctuation, the overall trend indicates healthy growth, as reflected in the median listing price of $365,000, up by 2.82% compared to July 2024.
The volume of home sales also showed positive momentum, with 577 homes sold in July 2025, an increase of 6.65% from 541 sales in the same month last year. This uptick in sales volume underscores a vibrant local housing market.
For a detailed visual representation of these trends, refer to the chart below, available exclusively from MORE, REALTORS®. This chart provides an in-depth look at the pricing and sales trends that are shaping the St. Charles County real estate landscape as of August 2025.
In St. Louis, the real estate market is experiencing nuanced shifts in mortgage rates as of August 2025, with the 30-year fixed mortgage rate slightly decreasing by 0.01%, settling at 6.57%. This minor adjustment reflects a mixed pattern in rate movements across different mortgage products, highlighting a complex landscape for potential homebuyers and sellers. The 15-year fixed rate remains steady at 5.93%, showing no change, while the 30-year FHA rate saw a decrease, which could be advantageous for first-time home buyers opting for government-backed loans.
The impact of these mixed rate movements on the St. Louis real estate market is significant. Buyers may find the small decrease in the 30-year fixed rate appealing, though rates remain on the higher side historically. Sellers might need to adjust expectations as higher rates can cool buyer enthusiasm. The stability in the 15-year fixed rate might attract those refinancing in hopes of locking in predictable payments without a significant increase in rates.
For a detailed look at how these rates have changed over time and what that means for your potential mortgage costs, click the chart button below. This real-time data provided by MORE, REALTORS® ensures you have the latest information to make informed decisions in the St. Louis housing market. Whether planning to buy, sell, or refinance, keeping an eye on these trends is crucial in navigating the current mortgage landscape effectively.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.57%
-0.01%
15 Yr. Fixed
5.93%
+0.00%
30 Yr. FHA
6.17%
-0.02%
30 Yr. Jumbo
6.72%
+0.00%
7/6 SOFR ARM
6.12%
+0.01%
30 Yr. VA
6.18%
-0.02%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 7, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
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