Is Saint Louis, MO 63120 a buyer’s or seller’s market?
Saint Louis is a buyer’s market. With about 6.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Saint Louis housing market right now
In the three months ending August 31, 2026, 17% of homes in Saint Louis, MO 63120 sold above their list price, the typical home went under contract in 41 days and there were 6.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (35 days then) and the median sale price fell 22% to $45,730. Overall, Saint Louis is about as competitive as it was a year ago.
Within St. Louis city, homes here sell more slowly than in 59% of the county’s ZIP codes, and sell less often over asking than in 59%.
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 63120
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 buyer’s market: there were 6.1 months of supply in Saint Louis, MO 63120 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 41 days in the latest three months.
Do homes in Saint Louis sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 87.5% 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 $45,730 in the three months ending August 31, 2026, about $44 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