St Louis Area Home Affordability Best In St Louis City

By Dennis Norman, on March 31st, 2019

During the first quarter of this year, homebuyers in the City of St Louis needed to spend a median of just 16.9% of their annual wages to buy a median-priced home, according to data just released by ATTOM Data Services.  This makes the City of St Louis the most affordable county to buy a home in the St Louis area.  As the table below shows, St Charles County, where it takes 37.7% of annual wages to buy a median-priced home is the least affordable county for 1st quarter 2019.

On a positive note, St Charles County had an affordability index of 101 for the quarter, meaning that homes were slightly more affordable there than the historic average.  St Clair County had the best affordability index at 103 and the City of St Louis had the worst at 93.

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St Louis Area Home Affordability – 1st Quarter 2019

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