St Louis home prices (core market) rose 12 percent rose from a median price of $125,000 for homes sold in September 2012 to $140,000 for homes sold in September 2013, according to MORE, REALTORS. The core market for St Louis includes the city of St Louis as well as the counties of St Louis, St Charles, Jefferson and Franklin.
Home price appreciation during the past year in the core St Louis market, at 12%, was right in line with national home prices which, according to a report released today by CoreLogic, rose 12% as well during the same period. St Louis county is the star though with home prices increasing 20 percent in that county during the past year. Of the 5 counties that make up the core market, only Franklin county saw prices decline, dropping 4 percent from $116,750 to $112,000 over the past year.
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