Home prices in the St Louis metro area increased at what is a pretty “normal” rate (historically speaking) of about 3.5% in the past year. However, as you hear me say often, all real estate is local, so the market varies significantly from neighborhood to neighborhood. For example, on our St Louis Median Home Price Change by Zip list (part of which is shown below), of the 101 zip codes shown, 87 had an increase in home prices in the past 12-months from the prior 12-months, 1 remained even, and 13 saw a decline in home prices. For the increases in home prices, they ranged from .06% to 115% and for the declines from 2.5% to 21.19%.