Is Saint Louis, MO 63118 a buyer’s or seller’s market?
Saint Louis is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 37% of U.S. ZIP codes, and #188 of 263 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Saint Louis housing market right now
In the three months ending August 31, 2026, 21% of homes in Saint Louis, MO 63118 sold above their list price, the typical home went under contract in 26 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 105 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 24%, homes sold faster (32 days then) and the median sale price fell 7% to $242,895. Overall, Saint Louis is about as competitive as it was a year ago.
Within St. Louis city, homes here sell faster than in 65% of the county’s ZIP codes, and sell more often over asking than in 53%. On our competition score, Saint Louis ranks #188 of 263 MO ZIP codes with enough sales (score 38 out of 100).
Nearby, buyers who want less competition could look at Saint Louis 63113 (0% sold over asking) or Saint Louis 63106 (0% sold over asking), while Saint Louis 63109 (45% sold over asking) and Saint Louis 63116 (41% sold over asking) are even more competitive.
Run the numbers for 63118
Nearby markets
Saint Louis 63101Buyer’s market $181 /sq ftSaint Louis 63102Buyer’s market $146 /sq ftSaint Louis 63103Buyer’s market $124 /sq ftSaint Louis 63104Seller’s market $161 /sq ft Browse all markets →Towns like Saint Louis nearby
Find towns like Saint Louis in other states →Where Saint Louis is
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Questions about Saint Louis real estate
Is Saint Louis a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Saint Louis, MO 63118 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Saint Louis?
The typical home went under contract in 26 days in the latest three months.
Do homes in Saint Louis sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.
What are property taxes in Saint Louis?
About 1.03% of a home’s value a year in St. Louis city, or roughly $4,120 on a $400,000 home.
What is the median home price in Saint Louis?
The median sale price was $242,895 in the three months ending August 31, 2026, about $131 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology