St Louis’ Hottest Housing Markets are pretty well concentrated into an area within 3 zip codes and 3 municipalities, with the exception of Valley Park which is actually number on the list in terms of our Market Action Index. As the Hot Markets table below shows, after Valley Park, the next 4 markets are both zips in Ballwin, and then the 63122 zip area of Glendale and Kirkwood. The months inventory table gives a clue as to at least part of the reason these markets are hot as the inventory of homes is very low with all the aforementioned areas only having about a 2 month supply of homes for sale.
Remember, a hot sellers market does not always mean higher prices, but I charted the median price per square foot of homes in the top five markets over the past year and, as the charts show, for the most part, there appears to be some pricing strength.
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Hot Markets
Months Inventory
Median Price Per Foot
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