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St Louis City Update as of October 2024: Home Prices Continue to Rise

By , on October 21st, 2024
The real estate market in St Louis City has been on the rise, with home prices increasing steadily over the past year. According to the latest data from MORE, REALTORS®, the median sold price for homes in the St Louis City update during September 2024 was $222500, a 0.91% increase from the same time last year when the median sold price was $220500. However, there was a slight decrease of 2.20% compared to the previous month’s median sold price of $227500.

The median list price for homes in the St Louis City update also saw an increase of 2.38% from last year, with a median list price of $215000 in September 2024 compared to $210000 in September 2023. In addition, there were 243 home sales in the St Louis City update during September 2024, a significant 10.96% increase from 219 home sales in September 2023.

The chart below, available exclusively from MORE, REALTORS®, illustrates the data and shows the steady rise in home prices in the St Louis City update. As we head into the end of the year, it will be interesting to see how the market continues to perform.

For those looking to buy or sell a home in the St Louis City area, now may be a good time to take advantage of the rising home prices. With a strong market and increasing demand, working with a reputable and experienced real estate agency like MORE, REALTORS® can help you navigate the process and achieve your real estate goals. Stay tuned for more updates on the St Louis City real estate market.

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