Saint Louis Home Prices: $155K, Down 1.4% — 18 ZIPs Analyzed (2026)
$154,768. That is what a typical home costs in Saint Louis right now. The price is down 1.4% from a year ago, and the city remains one of the cheapest major metros in the country.
Quick answer: The average home price in Saint Louis, MO is $154,768 as of February 2026, down 1.4% year over year according to Zillow.
Current Home Prices in Saint Louis
Saint Louis is not like the rest of the American housing market. While Sun Belt cities flirt with half-million-dollar medians, you can still find entire ZIP codes here where the typical home sells for under $50,000.
The $154,768 median covers 18 ZIP codes inside city limits. Prices range from $37,056 at the low end to $309,631 at the high end. That is an 8x spread inside a single city — a reminder that Saint Louis is really several housing markets stacked on top of each other.
| Metric | Value |
|---|---|
| Median home value | $154,768 |
| Year-over-year change | -1.4% |
| Cheapest ZIP | $37,056 |
| Most expensive ZIP | $309,631 |
| ZIPs analyzed | 18 |
| Data through | February 2026 |
The 1.4% annual decline is slight, but it fits a longer pattern. Values peaked near $156,900 in March 2025 and have trended lower every month since. You are not looking at a crash. You are looking at a slow bleed.
For buyers, the practical effect is a softer market with room to negotiate. For sellers, it means the window for chasing 2023-era prices has closed.
Saint Louis Home Prices by Neighborhood
ZIP-level data tells the real story. The city’s north side and its central corridor might as well be different states.
| ZIP | Typical Home Value | Typical Rent |
|---|---|---|
| 63108 | $309,631 | $1,691 |
| 63110 | $288,975 | $1,455 |
| 63104 | $288,782 | $1,431 |
| 63109 | $260,869 | $1,116 |
| 63139 | $219,350 | $1,221 |
| 63101 | $188,892 | $1,374 |
| 63116 | $178,740 | $1,083 |
| 63118 | $169,843 | $1,261 |
| 63112 | $144,090 | $1,289 |
| 63102 | $143,702 | $1,639 |
| 63103 | $131,231 | $1,401 |
| 63111 | $117,082 | $1,003 |
| 63106 | $114,895 | — |
| 63147 | $62,892 | $1,086 |
| 63113 | $49,694 | $1,029 |
| 63107 | $42,769 | — |
| 63115 | $37,336 | $988 |
| 63120 | $37,056 | — |
Most Expensive
63108 tops the city at $309,631, with rents near $1,691 — the highest on both counts, reflecting the Central West End and its proximity to Forest Park and the university corridor.
63110 follows at $288,975, a near-doubling of the city median, with rents around $1,455 that match its inner-ring walkable profile.
63104 comes in at $288,782 with $1,431 rents, making it roughly tied with 63110 for the second tier of premium ZIPs.
Most Affordable
63120 is the cheapest ZIP at $37,056 — less than a quarter of the city median and one of the lowest home values you will find inside any major U.S. city.
63115 sits at $37,336 with rents under $1,000, the only ZIP in the city where typical rent dips below four figures.
63107 rounds out the bottom three at $42,769, still well under a third of the citywide median.
Rent vs Buy in Saint Louis
The math here favors buyers — if you can qualify.
At $154,768, a home purchased with 20% down ($30,954) leaves a loan of roughly $123,814. At 7% over 30 years, that is about $823 per month in principal and interest. Add property taxes and insurance and you are looking at something in the $1,100 to $1,300 range monthly.
Typical rents across the 15 ZIPs with data run from $988 in 63115 to $1,691 in 63108. The citywide average works out to roughly $1,260. In most neighborhoods, a mortgage and rent cost about the same.
| ZIP | Typical Rent | Home Value |
|---|---|---|
| 63108 | $1,691 | $309,631 |
| 63102 | $1,639 | $143,702 |
| 63110 | $1,455 | $288,975 |
| 63104 | $1,431 | $288,782 |
| 63103 | $1,401 | $131,231 |
| 63101 | $1,374 | $188,892 |
| 63112 | $1,289 | $144,090 |
| 63118 | $1,261 | $169,843 |
| 63139 | $1,221 | $219,350 |
| 63109 | $1,116 | $260,869 |
| 63147 | $1,086 | $62,892 |
| 63116 | $1,083 | $178,740 |
| 63113 | $1,029 | $49,694 |
| 63111 | $1,003 | $117,082 |
| 63115 | $988 | $37,336 |
The most lopsided case is 63102 downtown, where $1,639 rent lines up against a $143,702 home price. On paper, buying there pays back the down payment quickly. The catch is that downtown’s low entry price reflects condo stock, not single-family homes, and HOA fees can eat the difference.
Saint Louis Housing Market Trends
Prices have moved in one direction for the past year: slightly down.
| Month | Median Value |
|---|---|
| Feb 2026 | $154,768 |
| Jan 2026 | $154,656 |
| Dec 2025 | $154,770 |
| Nov 2025 | $155,377 |
| Oct 2025 | $155,817 |
| Sep 2025 | $155,980 |
| Aug 2025 | $156,012 |
| Jul 2025 | $156,210 |
| Jun 2025 | $156,489 |
| May 2025 | $156,691 |
| Apr 2025 | $156,688 |
| Mar 2025 | $156,926 |
From March 2025 to February 2026, values fell by $2,158. That is not a cliff. It works out to about $180 per month, or roughly 0.1% each month.
The last three data points — December, January, February — clustered around $154,700. That suggests the decline has flattened. Prices are not falling so much as settling.
Is Saint Louis a Good Place to Buy in 2026?
The data points to a buyer’s market that is tilting back toward neutral.
You get three things here that most American cities no longer offer: a sub-$200K median, a wide supply of homes under $100K, and rents that are close enough to mortgage costs to make ownership pencil out.
The softness in prices gives buyers the upper hand. With values down 1.4% year over year and flat for the last three months, sellers are not holding out for bidding wars. If you are financing with good credit and can put 20% down, your monthly payment on a median-priced home will compete with the rent you are already paying.
The caveat is the 8x price spread across ZIPs. A $37,000 home in 63120 is not the same asset class as a $310,000 home in 63108. You need to think about the specific neighborhood, not the city average.
Saint Louis Housing Market Outlook for 2026-2027
The 3-month trend suggests prices have stopped falling. December, January, and February all came in within $115 of each other — effectively flat.
If the current pace continues, Saint Louis ends 2026 close to where it started. The annual decline has slowed. The month-to-month numbers look stable.
Watch the spring selling season. If March and April turn positive, the bottoming thesis holds. If values slip below $154,000, the slow bleed has more room to run. The data through February points to stabilization, but one quarter of flat prices is not a turnaround. It is a pause.
Similar Markets in MO
- Kansas City — Missouri’s other major metro, larger and more expensive than Saint Louis.
- Springfield — A smaller southwest Missouri city worth comparing for lower-cost alternatives outside the Saint Louis area.
- Columbia — College-town market with different price dynamics driven by University of Missouri demand.
- Saint Charles — Suburban neighbor just west of Saint Louis, often where buyers priced out of the city end up.
- Independence — Kansas City suburb on the other side of the state with comparable affordability.
Frequently Asked Questions
What is the average home price in Saint Louis?
The average home price in Saint Louis, MO is $154,768 as of February 2026. That figure covers 18 ZIP codes inside city limits and ranks Saint Louis among the most affordable major U.S. cities.
Are home prices going up or down in Saint Louis?
Prices are down. Values have fallen 1.4% year over year, and the monthly trend has been negative in most months since March 2025. The last three months have been roughly flat around $154,700.
Is it cheaper to rent or buy in Saint Louis?
Buying is usually slightly cheaper than renting. A mortgage on the $154,768 median with 20% down runs about $1,100–$1,300 per month including taxes and insurance, while typical rent across the city averages near $1,260.
What is the most affordable neighborhood in Saint Louis?
ZIP 63120 is the cheapest at $37,056, less than a quarter of the citywide median. ZIPs 63115 ($37,336) and 63107 ($42,769) are close behind.
Methodology
Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.