St Louis Real Estate News - Page 3 of 107 - Daily St. Louis real estate news, market analysis, home prices, and mortgage rate updates from local industry professionals.

VA Loan Myths vs. Facts in the St. Louis Real Estate Market

By Cathy Lirette, on March 16th, 2026

In today’s St. Louis market, VA buyers are still competing, winning, and closing — yet misconceptions about VA financing continue to circulate.

As a real estate broker and Air Force veteran serving the St. Louis metro area, I’ve seen firsthand how inaccurate assumptions can unnecessarily complicate transactions. Understanding how VA loans work helps both buyers and sellers make confident decisions.

Let’s clear up the most common myths.

Myth #1: VA Loans Take Longer to Close

Fact: VA loans close on timelines similar to conventional and FHA financing. In our St. Louis market, a well-prepared VA file typically Continue Reading →

Discover the Fastest Selling Zip Codes in the St. Louis Metro Area

By Dennis Norman, on March 16th, 2026

If you’re considering buying or selling a home in the St. Louis metropolitan area, knowing where the market is hottest can give you a significant advantage. Currently, the fastest selling zip code is in Jefferson, Missouri, where homes are flying off the market in just 15 days on average. With six active listings, the average list price here stands at $249,816, making it an attractive option for families looking for a swift transaction in a competitive market.

Following closely is a zip code in Lincoln, Missouri, where homes spend an average of 26 days on the market among the 10 Continue Reading →

A Mortgage Preapproval Is Only As Strong As The Lender Behind It

By Karen Moeller, on March 15th, 2026

One of the more common misunderstandings in real estate happens early in the home buying process. A buyer provides a preapproval letter from a lender and their agent suggests speaking with someone else as well. At that point many buyers understandably wonder: if I am already preapproved, why would I need to talk to another lender?

In many cases, the buyers asking that question are the ones who have done exactly what they were supposed to do. They took the time to speak with a lender before house hunting and arrived prepared. When an agent suggests another conversation, it can feel Continue Reading →

Jefferson County Real Estate Market Sees Rising Prices Amid Fewer Sales – March 2026 Update

By Dennis Norman, on March 15th, 2026

The Jefferson County real estate market continues to exhibit growth in home prices as of March 2026. According to the latest data, homes sold for a median price of $290,000 in February 2026, marking a 5.47% increase from the median price of $274,950 in February 2025. This upward trend is also reflected in a month-over-month increase of 3.59% from January 2026, when the median sold price was $279,950.

The median list price in February 2026 was $339,900, a significant rise of 17.25% compared to $289,900 in February 2025. Despite these price increases, the number of home sales in Jefferson County Continue Reading →

St. Louis Mortgage Rates Surge: 30-Year Fixed Climbs to 6.24% in March 2026

By Dennis Norman, on March 12th, 2026

March 2026 is seeing a notable increase in mortgage rates in the St. Louis real estate market, with the 30-year fixed-rate mortgage climbing by 0.15% to reach 6.24%. This uptick marks a significant rise above the 6% threshold, indicating a challenging environment for potential homebuyers. Similarly, the 15-year fixed-rate mortgage has also increased by 0.15%, now standing at 5.84%. The upward trend is consistent across other mortgage products as well, including the 30-year FHA and VA loans, as well as the 7/6 SOFR ARM, all of which have seen significant hikes.

For St. Louis area buyers, these rising rates could Continue Reading →

Discover St. Louis’ Hottest School Districts for Home Sales

By Dennis Norman, on March 12th, 2026

In the bustling St. Louis metropolitan real estate market, Crystal City 47 in Jefferson County emerges as the fastest selling school district. With only 6 active listings, homes in this area are on the market for an average of just 19 days, boasting an average list price of $248,166. This rapid turnover indicates a high demand, making it an attractive option for families looking to settle quickly in a vibrant community. Just behind is the Grandview R-II district, also in Jefferson County, where homes spend an average of 34 days on the market, highlighting its appeal to potential buyers.

Meanwhile, Continue Reading →

New HUD Proposal Could Change Housing Assistance Rules. Here’s What St. Louis Needs to Know.

By Karen Moeller, on March 9th, 2026

On March 2, 2026, the U.S. Department of Housing and Urban Development published a Notice of Proposed Rulemaking titled “Establishing Flexibility for Implementation of Work Requirements and Term Limits.”

This is a proposed rule, not a final regulation. It does not immediately change eligibility for housing assistance. Instead, it would allow local housing authorities and certain HUD-assisted property owners to implement work requirements and time limits for some households receiving federal housing assistance if they choose to do so. Here is what that means and why it matters locally.

What HUD Is Proposing

If finalized, the rule would give Public Continue Reading →

March 2026 Metro East Real Estate Market Sees Rising Home Prices and Sales

By Dennis Norman, on March 9th, 2026

The Metro East real estate market continues to show strong growth as of March 2026, with significant increases in both home prices and sales volume. In February 2026, homes in the Metro East area sold for a median price of $205,000, marking a 14.53% rise from the median price of $179,000 in February 2025. This increase also represents a 13.89% jump from January 2026, when the median sold price was $180,000.

The median list price for homes in February 2026 was $215,000, up 4.49% from $205,770 in February 2025. Additionally, the number of home sales reached 483, a 5.92% increase Continue Reading →

St. Charles County Real Estate Market Update: March 2026

By Dennis Norman, on March 8th, 2026

The St. Charles County real estate market shows stability and growth as we analyze the latest data for February 2026. Homes sold for a median price of $350,000, remaining unchanged from February 2025. However, this represents a 1.55% increase from January 2026’s median sold price of $344,655. The median list price also saw a significant rise, reaching $456,500 in February 2026, up 26.81% from $360,000 in February 2025.

Additionally, home sales have increased, with 336 homes sold in February 2026, marking a 17.48% rise from 286 sales in February 2025. For a detailed visual representation of these trends, refer Continue Reading →

March 2026 St. Louis MSA Real Estate Market Update: Rising Home Prices and Increased Sales Activity

By Dennis Norman, on March 7th, 2026

The St. Louis Metropolitan Statistical Area (MSA) real estate market continues to show strong growth as of March 2026. Homes sold for a median price of $269,950 in February 2026, marking a 7.98% increase from the same period last year when the median price was $250,000. This upward trend is further highlighted by a 5.90% rise in median sold prices from January 2026, which stood at $254,900.

The median list price also saw a significant increase, reaching $299,900 in February 2026, up 6.16% from $282,500 in February 2025. Additionally, the market experienced a boost in home sales, with 2,092 transactions Continue Reading →

Meet Me at the Boathouse (Again)

By Sandie Hea, on March 6th, 2026

If you’ve lived in St. Louis very long, chances are you have a Boathouse memory. I know I do. The Boathouse in Forest Park has been part of this city since 1876. The current building was rebuilt and expanded in 2003 so it could be both a restaurant and a place to rent boats. That’s when it really became more than just a stop by the water — it became a destination.

It sits on Post-Dispatch Lake, renamed in 1913 after the St. Louis Post-Dispatch helped fund improvements to the lake. You’re not just looking at water — Continue Reading →

St. Louis Mortgage Rates Fall to 6.07% in March 2026 as 30-Year Fixed Sees Notable Dip

By Dennis Norman, on March 5th, 2026

In March 2026, St. Louis homebuyers are witnessing a significant shift in mortgage rates as the 30-year fixed mortgage rate has decreased to 6.07%, dropping by 0.06% since last reported. This downward trend offers a slight relief for potential homebuyers in the area, making it a more opportune time to lock in rates on long-term loans. However, the 15-year fixed rate saw a marginal increase to 5.73%, indicating a mixed movement in shorter-term loan options.

These fluctuations have notable implications for the St. Louis housing market. For buyers, the decrease in 30-year fixed rates could mean more affordable monthly payments, Continue Reading →

STORM DAMAGE IN 2025? You May Be Owed Up to $5,000 Back on Your Missouri Taxes 💰

By Sandie Hea, on March 5th, 2026

If you own a home in Missouri and your home was hit by the March 2025 hailstorm — the one that left roofs and siding looking like they’d been blasted by a machine gun — or the devastating May 7, 2025 tornado, there is a significant tax opportunity you should not overlook.

Missouri offers a HOMESTEAD DISASTER TAX CREDIT AFFIDAVIT for homeowners who incurred an insurance deductible on their primary residence due to a qualifying 2025 disaster. The form is Missouri Department of Revenue Form 5926 – Homestead Disaster Tax Credit Affidavit

Here is what matters.

If you Continue Reading →

St. Louis Mortgage Rates Climb to 6.00% in February 2026 – Rising Trend Continues for 30-Year Fixed

By Dennis Norman, on February 27th, 2026

St. Louis homebuyers are witnessing a gradual climb in mortgage rates this February 2026, as the 30-year fixed rate ticks up to 6.00%, marking a modest 0.01% increase from the previous rate. This rise is part of a broader upward trend affecting various mortgage products in the region. The 15-year fixed rate has also seen an uptick, now standing at 5.62%, a 0.04% increase that could influence the decision-making process for potential buyers looking at shorter loan terms. Other products, including the 30-year FHA and Jumbo loans, as well as the 7/6 SOFR adjustable-rate mortgage, have similarly experienced rate increases.

Continue Reading →

Myth: Property Taxes Are Always Higher in the City Than the County

By Karen Moeller, on February 25th, 2026

Property Taxes in St Loius City vs St Loius County

Reality: In St. Louis, the tax bill follows the districts, not the border

Buyers often compare taxes by location name. The numbers rarely work that simply.

Ask almost anyone in St. Louis where property taxes are lower and you will usually hear the same answer: the county. The assumption feels logical. The city has an earnings tax and dense services, so people expect housing taxes to follow the same pattern. But property taxes here do not work like a single switch you flip by crossing a municipal line. They behave more like a patchwork. For example, Continue Reading →

Myth: Old St. Louis Homes Are Money Pits

By Karen Moeller, on February 24th, 2026

Historic Charm vs Neglected Decay on St Louis Century Homes

Reality: Most problems come from neglect, not age

Buyers often worry about plaster cracks and radiators. The real warning signs are usually somewhere else.

“I love the character… I’m just afraid it’ll be a money pit.” If you spend any time touring homes in St. Louis, you will hear some version of that sentence sooner or later. Often while standing in a foyer with original millwork, pocket doors, or stained glass that newer construction rarely offers.

Buyers are right to be cautious. Older homes do require attention. But the mistake many buyers make is Continue Reading →

There Is No Such Thing as “Testing the Market”

By Karen Moeller, on February 23rd, 2026

Many homeowners start in the same place. They are not fully committed to moving, but they are curious what their home might bring. Somewhere in that conversation the idea of “testing the market” appears, and it sounds reassuringly reversible. Dip a toe in the water. See what happens. Decide later. But real estate does not really have a preview mode. There is a point where curiosity turns into an official step, and many homeowners do not realize when they cross it.

What Sellers Think It Means

When most homeowners hear “test the market” they assume: No Continue Reading →

The Square Footage Trap: How Layout, Updates, and Livability Shape Value

By Karen Moeller, on February 22nd, 2026

One of the first questions buyers ask about a house is simple:“How many square feet is it?”

It feels logical. More space should mean more value, and for decades price per square foot has been treated as a shortcut for comparing homes. Buyers gravitate toward the number partly because search sites place it right next to the price, making it feel like the most objective way to compare properties. But after walking through thousands of homes with buyers, one thing becomes clear. Two houses can have identical square footage and feel completely different to live in, Continue Reading →

St. Louis City Real Estate Market Update: February 2026 Overview

By Dennis Norman, on February 21st, 2026

The St. Louis City real estate market has experienced notable shifts as of February 2026. Homes sold for a median price of $200,500 in January 2026, marking a 7.79% decrease from January 2025’s median of $217,450. This price also reflects a 14.68% decline from December 2025, when the median price was $235,000. The median list price in January 2026 stood at $199,700, down 15.02% from $235,000 a year earlier.

In terms of sales volume, there were 154 home sales in January 2026, representing an 8.33% decrease from the 168 homes sold in January 2025. These statistics, along with other key Continue Reading →

February 2026 Franklin County Real Estate Market Update: Home Prices and Sales Trends

By Dennis Norman, on February 20th, 2026

In February 2026, the Franklin County real estate market experienced notable shifts in both home prices and sales activity. Homes sold for a median price of $260,000 in January 2026, marking a 9.57% decrease from January 2025’s median price of $287,500. This recent median price also represents a 7.64% decline compared to December 2025, when the median sold price was $281,500. Despite the drop in sold prices, the median list price saw a significant increase, reaching $310,000 in January 2026—a 16.54% rise from $266,000 in January 2025.

The number of home sales in Franklin County also saw an uptick, with Continue Reading →

Missouri-Based Veterans United Sued in Federal Class Action…Same Attorneys Behind Sitzer and Moehrl Cases

By Dennis Norman, on February 19th, 2026

A newly filed federal class action lawsuit in Missouri is taking aim at Columbia, Missouri based Veterans United Home Loans, alleging illegal steering practices, undisclosed kickbacks, and violations of federal consumer protection laws. Because the company is headquartered in Missouri and operates nationwide, this case could have meaningful implications for home buyers, agents, and lenders right here in the St. Louis area.

The lawsuit, filed in the U.S. District Court for the Western District of Missouri, claims Veterans United and related entities engaged in practices that allegedly steered VA borrowers to affiliated real estate agents and back to Veterans United Continue Reading →

St. Louis Mortgage Rates Edge Upwards to 6.05% in February 2026 – 15-Year Fixed Also Sees Uptick

By Dennis Norman, on February 19th, 2026

February 2026 brings with it a slight rise in mortgage rates for the St. Louis area, with the 30-year fixed rate now standing at 6.05%, marking a 0.01% increase from previous levels. This upward movement is mirrored in the 15-year fixed rate, which also experienced a 0.01% uptick, now at 5.62%. These increases indicate a steady climb in borrowing costs, reflecting broader market trends and economic conditions.

For potential homebuyers in St. Louis, the gradual rise in rates means higher monthly payments, which could impact affordability and purchasing decisions. Sellers may also feel the effects, as rising rates could dampen Continue Reading →

St. Louis County Real Estate Market Update: February 2026 Overview

By Dennis Norman, on February 19th, 2026

The St. Louis County real estate market has shown notable shifts as we enter February 2026. In January, homes sold for a median price of $250,500, marking an 8.68% increase from the $230,500 median price in January 2025. However, this figure represents a 4.39% decrease compared to December 2025, where the median sold price was $262,000.

The median list price in January 2026 was $209,950, significantly lower by 25.02% compared to $280,000 in January 2025. Additionally, there were 679 home sales recorded, a 7.99% decrease from the 738 sales in January of the previous year.

For a detailed visual representation Continue Reading →

The Things That Trip Up Home Sales – Part IV

By Sandie Hea, on February 19th, 2026

Home repairs not to code and not installed properly.

Real Life Examples: Can You Spot the Improper Installation?

After nearly 40 years in real estate, I have learned that one of the biggest concerns when we sit down to talk about selling is this: “Am I going to have to bring my house up to code and what costly repairs might a buyer ask for?”

Sometimes the most expensive issues are the ones that look completely fine.

Below are real examples from a recent St. Louis County occupancy inspection. Everything in this home was working properly. Nothing had failed. The issue was not function. The issue was compliance.

Example Continue Reading →

St. Louis Earthquake Risk Remains High as Missouri Expands Insurance Options but Coverage Falls Below 20 Percent

By Dennis Norman, on February 18th, 2026

The Missouri Department of Commerce and Insurance is encouraging homeowners across the state to review their preparedness plans and consider earthquake insurance as more coverage options become available statewide. February is Earthquake Awareness Month, and according to DCI, insurers are expanding their presence, even in higher risk areas such as the New Madrid Seismic Zone.

In a recent news release, DCI Director Angela Nelson emphasized the importance of preparation, stating, “It’s not something we like to think about, but Missouri has a significant risk for another major earthquake. Being prepared means having a plan for how you will recover when Continue Reading →

The Things That Trip Up Home Sales Part III

By Sandie Hea, on February 18th, 2026

The Same Things Get Flagged Every Time—Here They Are

After nearly 40 years in real estate, I’ve learned that one of the biggest concerns when we sit down to talk about selling is this: “Am I going to have to bring my house ‘up to code’—and what costly repairs might a buyer ask for?”

While every inspection is different, the same categories of issues appear again and again—especially in older homes.

Commonly Flagged Items Life-Safety Missing or non-working smoke detectors Missing carbon monoxide detectors Stairs & Handrails Missing handrails Handrails not securely mounted Insufficient stair lighting Electrical Open junction boxes Continue Reading →

When a Seller’s Market Still Feels Like a Buyer’s Market

By Karen Moeller, on February 17th, 2026

Why the same market can produce multiple offers and price reductions at the same time

Spend a few minutes browsing recent listings and you may notice something odd. One home sells immediately with competing offers while another nearby reduces price after only a short time. Yet both exist in what is commonly described as the same seller’s market. The contradiction makes sense once you understand what that label actually measures and what it does not.

For decades real estate conversations have relied on a simple guideline. Around six months of housing inventory suggests balance. Less supply favors Continue Reading →

St. Louis Metro Home Sales See Slight Dip in Early 2026

By Dennis Norman, on February 17th, 2026

As of January 2026, the St. Louis metropolitan area, spanning counties in both Missouri and Illinois, has experienced a slight decline in home sales compared to the previous year. A total of 1,918 homes have been sold, marking a 2.59% decrease from the 1,969 homes sold during the same period in 2025. This subtle shift in the market indicates a potential opportunity for both buyers and sellers to reassess their strategies as the year progresses. Despite the dip, the market remains relatively stable, offering families and individuals a wide range of options to explore when considering a move within this Continue Reading →

The Things That Trip Up Home Sales Part II

By Sandie Hea, on February 17th, 2026

Why Your House Was “Fine”…Until You Decided to Sell It

One of the most confusing parts of selling a home is realizing that issues which never mattered while you lived there suddenly matter once you decide to sell.

Why This Happens

In many municipalities, enforcement is tied to ownership transfer, not day-to-day occupancy. When a Continue Reading →

Why Rising Foreclosures May Not Lower Home Prices in St. Louis

By Karen Moeller, on February 16th, 2026

Recent national housing headlines have sounded familiar. Foreclosure activity has increased across the country, with ATTOM Data Solutions reporting annual gains for eleven consecutive months. For many buyers, especially those who remember the late-2000s housing crisis, the reaction is immediate. If foreclosures are rising, bargains must be coming. In St. Louis, that conclusion rarely follows.

ATTOM’s data confirms filings have risen year over year, but they are increasing from historically suppressed pandemic-era levels rather than from a distressed market baseline. The Mortgage Bankers Association delinquency survey and Federal Reserve mortgage delinquency rates show the same pattern. Continue Reading →