As of October 2024, the St Louis City real estate market is showing signs of stability, with a slight decrease in median sold price compared to the same time last year. According to data exclusively available from MORE, REALTORS®, homes in the St Louis City area sold for a median price of $215,500, a decrease of 0.05% from October 2023. This also represents a 2.82% decrease from September 2024, when the median sold price was $221,750.
However, it’s not all bad news for homeowners in the St Louis City update. The median list price for homes in the area increased by 3.73% from October 2023, jumping from $200,000 to $207,450. Additionally, there were 266 home sales in October 2024, an 8.13% increase from the 246 sales in October 2023.
The chart below illustrates the data and is available exclusively from MORE, REALTORS®. These numbers suggest that the St Louis City real estate market may be stabilizing, making it a great time for both buyers and sellers to enter the market. Stay tuned for more updates on the St Louis City real estate market.
