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.
The St. Louis Metropolitan Statistical Area (MSA) real estate market demonstrated sustained growth in July 2025, with notable increases in both home sales and prices. Homes sold for a median price of $295,000, marking a 5.36% rise from the previous year’s median of $280,000, and a 1.72% increase from June 2025’s median of $290,000. This consistent upward trend underscores a robust housing market in the region.
In terms of sales volume, the market remained stable with 3,484 homes sold in July 2025, slightly up by 0.09% compared to 3,481 sales in July 2024. The median list price also saw a year-over-year increase, climbing 5.45% to $290,000 from $275,000 in July 2024.
For a detailed visual representation of these trends, refer to the chart below, exclusively available from MORE, REALTORS®. This chart provides a clear overview of the market dynamics over the past year, illustrating the steady rise in home values and sales activity in the St. Louis MSA. Whether you are considering buying, selling, or simply keeping an eye on the market, these insights are invaluable for understanding the current real estate landscape in St. Louis.
Mortgage debt across the U.S. has continued its steady climb, reaching nearly $13 trillion by mid-2025. While this growth might seem alarming, the current lending standards remain significantly stricter than those seen before the 2008 financial crisis, reducing overall risk.
Government-backed loans from agencies such as Fannie Mae and Freddie Mac account for over half of the total mortgage balances, offering stability to the market. However, loans insured by the Federal Housing Administration (FHA), popular for their low down payment requirements, represent a disproportionate share of delinquencies. Although FHA loans make up just 12% of all mortgage balances, they account for nearly 40% of overdue payments, highlighting their increased risk.
Despite this concern, overall delinquency rates are still historically low, hovering around just 2%, which suggests most homeowners are managing their mortgages effectively. However, the concentration of higher-risk FHA loans, particularly in southern states and Puerto Rico, is something both lenders and borrowers need to keep an eye on.
Looking ahead, even minor declines in home prices could particularly strain FHA borrowers, who typically enter the housing market with less equity. Nonetheless, the broader mortgage market remains stable and secure. Staying informed and closely reviewing loan terms remains essential for every borrower to maintain financial health.
In a subtle yet welcome shift for prospective homebuyers in St. Louis, the 30-Year Fixed mortgage rate has decreased slightly to 6.75% as of July 2025, marking a modest drop of 0.02%. This change, though slight, contributes to an overall trend of falling rates in the region, offering a glimmer of relief in a market that has seen rates hovering above the 6.5% mark for some time. On the other hand, the 15-Year Fixed rate remains steady at 6.03%, indicating stability in shorter-term financing options.
This mixed pattern in rate adjustments could influence both buyers and sellers in the St. Louis real estate market. Buyers might find the lower 30-Year Fixed rate appealing, potentially increasing demand for homes, which could, in turn, slightly boost selling prices in competitive areas. Conversely, the stability of the 15-Year rate may encourage existing homeowners to consider refinancing to lock in manageable payments without committing to the longer-term uncertainty of adjustable rates.
For a detailed comparison and historical perspective on these rates, prospective buyers and sellers are encouraged to click the chart button below. This data is provided by MORE, REALTORS®, ensuring that local participants in the St. Louis real estate market are well-informed and prepared to make savvy decisions in a fluctuating financial landscape.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.75%
-0.02%
15 Yr. Fixed
6.03%
+0.00%
30 Yr. FHA
6.33%
-0.02%
30 Yr. Jumbo
6.87%
-0.01%
7/6 SOFR ARM
6.26%
-0.01%
30 Yr. VA
6.35%
-0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 31, 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 real estate market is experiencing a modest rise in mortgage rates this July, with the 30-Year Fixed rate now reaching 6.78%, a slight increase of 0.01%. Similarly, the 15-Year Fixed rate has also edged up to 6.04%. These incremental changes mark a continuing trend of rising rates in the region, impacting both prospective homebuyers and sellers. The increase, though minor, continues to push the rates to some of the highest levels seen this year, particularly affecting the affordability and buying power of those looking to enter the housing market.
For potential buyers in St. Louis, these rising rates mean recalculating budgets and possibly adjusting search criteria to find suitable homes within financial limits. Sellers might face longer listing periods as high rates can deter some buyers. However, those looking to refinance might find this a crucial time to lock in rates before potential further increases. With the trend showing a steady climb, understanding these shifts is vital.
For a detailed view of how these rates have changed over time, click the chart button below. This comprehensive historical perspective, provided by MORE, REALTORS®, is essential for making informed decisions in this fluctuating market. Whether buying, selling, or refinancing, staying updated on the latest rate changes can significantly impact your real estate strategies in St. Louis.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.78%
+0.01%
15 Yr. Fixed
6.04%
+0.01%
30 Yr. FHA
6.36%
+0.01%
30 Yr. Jumbo
6.90%
+0.00%
7/6 SOFR ARM
6.25%
+0.00%
30 Yr. VA
6.38%
+0.02%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 24, 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 witnessed notable fluctuations in June 2025. Homes sold for a median price of $259,000, marking a 5.13% decrease from June 2024, when the median sold price was $273,000. However, this figure also represents a significant increase of 12.61% compared to May 2025, where the median sold price stood at $230,000. The median list price in June 2025 was $255,000, showing a decrease of 5.52% from $269,900 in June 2024.
In terms of sales volume, the St. Louis City market experienced a growth, with 291 homes sold in June 2025—an increase of 7.78% from the 270 homes sold in June 2024. This data, illustrated in the chart below, highlights the dynamic nature of the St. Louis real estate market. The chart is available exclusively from MORE, REALTORS®, providing an in-depth visual representation of these market trends.
For those interested in the St. Louis real estate market, whether buying, selling, or researching, MORE, REALTORS® offers comprehensive insights and detailed market analysis to assist in making informed decisions. Stay updated with the latest market trends and data with MORE, REALTORS®.
The Franklin County real estate market has shown promising growth as of July 2025, with significant increases in home prices and sales compared to the previous year. In June 2025, homes in Franklin County sold for a median price of $261,500, marking a 7.84% increase from June 2024, when the median sold price was $242,500. This increase is also slightly higher than the median sold price in May 2025, which was $259,900, demonstrating a steady month-over-month growth of 0.62%.
The median list price in June 2025 was $259,950, reflecting a 4.40% rise from $249,000 in June 2024. Additionally, the number of home sales in Franklin County increased to 114 in June 2025, up 4.59% from 109 sales in June 2024. These data points are illustrated in the chart below, which is available exclusively from MORE, REALTORS®. This chart provides a visual representation of the ongoing upward trend in the Franklin County real estate market, highlighting the robust activity and growing buyer interest in the area. For more detailed insights and further information, consider reaching out to MORE, REALTORS®, your expert source for real estate in St. Louis, MO.
In the ever-evolving real estate market of St. Louis, mortgage rates are showing nuanced movements as of July 2025. The 30-Year Fixed mortgage rate has experienced a slight decrease to 6.83%, down by 0.02%. Conversely, the 15-Year Fixed rate has inched up by 0.01%, settling at 6.08%. These shifts reflect a broader rising trend in the market, with other mortgage types like the 30-Year FHA and Jumbo rates also climbing, indicating a mixed yet predominantly upward trajectory in rate changes.
For potential homebuyers and sellers in the St. Louis area, these fluctuations could have significant implications. The slight drop in the 30-year fixed rate might offer a momentary advantage to those looking to secure a long-term loan at a slightly lower cost, while the increase in shorter-term rates suggests a growing cost for those looking to pay off their homes sooner. This environment requires careful consideration of financing options, particularly for first-time buyers who might be more sensitive to these changes.
For a detailed look at how these rates have shifted over time, prospective buyers and sellers are encouraged to click the chart button below. This historical perspective, provided by MORE, REALTORS®, can aid in making informed decisions in this dynamic market. As the landscape of St. Louis real estate continues to evolve, staying informed on the latest mortgage rates is crucial for navigating the market effectively.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.83%
-0.02%
15 Yr. Fixed
6.08%
+0.01%
30 Yr. FHA
6.41%
+0.01%
30 Yr. Jumbo
6.93%
+0.01%
7/6 SOFR ARM
6.32%
+0.07%
30 Yr. VA
6.42%
+0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 17, 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, spanning across Missouri and Illinois, is witnessing a remarkable trend in its real estate market, particularly in the speed at which homes are being sold. The zip code 62239 in St Clair-IL, IL, leads the pack with an impressive average of 0 days on the market for its 7 active listings, each at an average list price of $158,614. This indicates a robust demand in this locale, making it a hotspot for potential buyers looking for quick closings and sellers aiming for swift transactions.
Following closely are zip codes 63012 in Jefferson, MO, and 63074 in St Louis, MO, both also averaging 0 days on the market with 7 and 10 listings respectively. These areas are proving to be highly attractive for families and individuals seeking communities where properties move quickly and efficiently. For those interested in exploring more about these dynamic markets, MORE, REALTORS® has compiled a complete list of the fastest selling zip codes, available at the conclusion of this article. This guide can be an invaluable resource for anyone looking to buy or sell in these competitive districts.
The Jefferson County real estate market experienced a slight dip in home prices in June 2025, with the median sold price settling at $285,000, a decrease of 1.48% from June 2024’s median of $289,295. This price also reflects a notable 4.98% drop from May 2025, where the median was higher at $299,950. Despite the decrease in sold prices, the median list price in June 2025 saw a modest rise to $284,900, up 1.79% from the previous year, indicating a resilient listing confidence among sellers.
The volume of home sales remained steady with 249 homes sold in June 2025, mirroring the sales volume of June 2024. This consistency in sales volume suggests a stable demand in the 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 price fluctuations and sales stability in the Jefferson County area, offering valuable insights for both buyers and sellers. As your trusted local real estate experts, MORE, REALTORS® is committed to keeping you informed with the most accurate and timely data to help you navigate the Jefferson County real estate market.
Yesterday, Missouri Governor Mike Kehoe signed into law House Bills 595 and 596, bringing significant changes that will impact landlords, tenants, property managers, investors, and real estate professionals across the state. This newly enacted legislation strengthens private property rights and tightens requirements for agency relationships in real estate transactions, two key areas anyone involved in Missouri real estate should pay close attention to.
For landlords and investors, HB 595 limits how local governments can regulate rental housing. Specifically, the law prohibits cities and counties from setting rent control measures, imposing restrictions on how landlords screen tenants, or mandating specific lease terms such as “right of first refusal” to tenants. It also bans local ordinances from preventing landlords from considering factors like a tenant’s source of income, credit score, rental history, or criminal background when making leasing decisions. In short, this legislation reinforces the right of private property owners to establish their own screening criteria and rent structures, free from local government intervention.
Meanwhile, for real estate agents and homebuyers, the changes in HB 595 and HB 596 modify how brokerage relationships must be handled. Under the new law, brokers representing buyers or tenants must have a written agency agreement in place before engaging in any real estate activity. Previously, the law allowed for this agreement to be signed before or during the transaction process, creating room for ambiguity. This change places a greater responsibility on agents and their brokers to establish clear, documented relationships upfront. Frankly, this is how it always should have been done and was done by most good buyer’s agents, so I’m glad to see it now be law.
Additionally, the law clarifies that exclusive brokerage agreements must spell out essential services that brokers are obligated to provide. This includes presenting offers and counteroffers, assisting with negotiations, and answering questions related to contracts. The intent here is to make sure clients receive a consistent and professional level of service, and that there is full transparency in the role and duties of an agent:
These legal updates arrive at a time when the real estate industry is already under pressure from shifting federal policies and class-action lawsuits over buyer agent compensation. Missouri’s new requirements put a spotlight on documentation and clarity in agency relationships while pushing back against what state lawmakers see as local overreach into landlord-tenant matters. Whether you’re a landlord screening tenants or a buyer’s agent preparing to work with a new client, understanding and complying with these new requirements is no longer optional—it’s the law.
The new law will go into effect August 28, 2025 and can be seen in its entirety below. If you have questions about this, or would like more information, feel free to reach out to me and I’ll be happy to help.
HB 595 – Regarding Landlord-Tenant Rights and Buyer Representation Agreements
If you’re considering buying or selling a home in the St. Louis metropolitan area, focusing on the fastest selling school districts could be a strategic move. The Bayless district in Unincorporated, Missouri, leads the pack with homes averaging $203,638 and flying off the market the same day they are listed. This district, along with Dupo DIST 196 in Illinois and Gasconade Co. R-I in Missouri, both also averaging 0 days on the market, highlights a trend of rapid sales in these areas. Potential buyers looking for quick closings and sellers aiming for fast transactions are particularly interested in these districts.
Moreover, these districts not only offer a quick turnaround but also represent a diverse range of options across both Missouri and Illinois, accommodating various preferences and needs. For those interested in exploring all available options in these fast-moving markets, MORE, REALTORS® provides a complete list of the fastest selling school districts, ensuring comprehensive insights for making informed decisions. Whether you are looking to settle in a bustling community or seeking a quieter neighborhood, understanding where homes sell quickly can guide your next steps in the dynamic St. Louis real estate landscape.
As of July 2025, the St. Louis real estate market is experiencing a minor but welcome drop in mortgage rates, signaling a slight relief for prospective homebuyers. The 30-Year Fixed mortgage rate has decreased by 0.04%, now standing at 6.77%. Simultaneously, the 15-Year Fixed mortgage rate also saw a reduction of 0.04%, positioning it at 5.98%. These adjustments, though modest, contribute to a broader trend of falling rates within the region, offering a potential window of opportunity for those looking to secure a home loan at a slightly more favorable rate.
For buyers and sellers in the St. Louis area, these changes could influence decision-making processes. Lower rates may encourage buyers to enter the market, hoping to capitalize on the decreased borrowing costs. Conversely, sellers might find a more active market, as lower rates can increase the pool of potential buyers qualified to purchase their homes. These dynamics underscore the importance of staying informed on rate trends, especially in a fluctuating economic environment.
For a more detailed analysis of how these rates have changed over time, potential homebuyers and sellers are encouraged to click the chart button below. This information has been provided by MORE, REALTORS®, ensuring that stakeholders in the St. Louis real estate market have access to current and relevant mortgage rate data to make well-informed decisions.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.77%
-0.04%
15 Yr. Fixed
5.98%
-0.04%
30 Yr. FHA
6.28%
-0.06%
30 Yr. Jumbo
6.87%
-0.03%
7/6 SOFR ARM
6.39%
-0.06%
30 Yr. VA
6.29%
-0.06%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 10, 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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