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St. Louis City Real Estate Market Update for January 2025

By , on February 21st, 2025
The St. Louis City real estate market continues to show strong growth in the new year. According to the latest data from MORE, REALTORS®, the median sold price for homes in the St. Louis City update was $224,000 in January 2025. This represents a 12.03% increase from January 2024, when the median sold price was $199,950. Additionally, last month’s median sold price of $224,000 saw a 1.21% increase from December 2024, when the median sold price was $221,325.

The median list price for homes in the St. Louis City update also saw a significant increase, rising to $225,000 in January 2025. This is a 14.21% increase from January 2024, when the median list price was $197,000.

Despite these price increases, there were 149 home sales in the St. Louis City update in January 2025, a slight decrease of 5.70% from 158 in January 2024. This could be attributed to the ongoing shortage of inventory in the area, making it a competitive market for buyers.

For a visual representation of the data, please refer to the chart below, available exclusively from MORE, REALTORS®. As we continue into the new year, we can expect to see continued growth in the St. Louis City real estate market, making it a great time for both buyers and sellers. Contact MORE, REALTORS® for all your St. Louis City real estate needs.

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