Is Saint Louis, MO 63151 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Saint Louis is a seller’s market. With about 1.6 months of supply and 100% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.6Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list118.5%Sold price ÷ list price
Median days on market9Listing to accepted offer
Median price per sq ft$175▼ −4.5% vs. last year

The Saint Louis housing market right now

In the three months ending August 31, 2026, 100% of homes in Saint Louis, MO 63151 sold above their list price, the typical home went under contract in 9 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (23 days then) and the median sale price fell 10% to $285,127. Overall, Saint Louis is more competitive than a year ago, so tougher for buyers.

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Questions about Saint Louis real estate

Is Saint Louis a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Saint Louis, MO 63151 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 9 days in the latest three months.

Do homes in Saint Louis sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 118.5% of the list price.

What is the median home price in Saint Louis?

The median sale price was $285,127 in the three months ending August 31, 2026, about $175 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