February 2026 Real Estate Market Update: St. Louis MSA Sees Decline in Home Sales and Prices

The St. Louis Metropolitan Statistical Area (MSA) experienced a notable shift in its real estate market as of February 2026. According to recent data, homes in the region sold for a median price of $255,000 in January 2026, marking a 1.92% decrease from the $260,000 median price recorded in January 2025. This decline is further emphasized by a 7.27% drop from December 2025, when the median sold price was $275,000.

Despite the decrease in sold prices, the median list price in January 2026 rose to $295,000, reflecting a 5.36% increase compared to $280,000 in January 2025. However, the number of home sales in January 2026 fell to 1,897, representing a 3.66% decrease from the 1,969 sales recorded in January 2025.

For a visual representation of these trends, refer to the chart below, which is available exclusively from MORE, REALTORS®. This chart provides a detailed illustration of the market dynamics affecting the St. Louis MSA, offering valuable insights for buyers, sellers, and real estate professionals.

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