St. Louis Real Estate Market: Prices | Trends | Forecasts 2022
St. Louis Real Estate Market: Prices | Trends | Forecasts 2022
Abstract
St. Louis Housing Market Trends 2021 The St. Louis housing market isn't limited to the roughly 300,000 people who live in St. Louis, making this the second-largest city in Missouri, after Kansas City. In addition to houses in St. Louis, there were also 221 condos, 1 townhouse, and 146 multi-family units for sale in St. Louis last month. St. Louis Rental Market Trends The average rent for a 1-bedroom apartment in St. Louis, MO is currently $950. This is a 5% decrease compared to the previous year. Infographic Courtesy of St. Louis REALTORS® St. Louis Real Estate Market Forecast 2022 Let us look at the real estate data for St. Louis from various sources. Since Dec 2011, the typical home value in Saint Louis County has appreciated by around 62%. The typical value of homes in Saint Louis is currently $238,058 It indicates that 50 percent of all housing stock in the area is worth more than $238,058 and 50 percent is worth less. Graph Credits: Zillow.com St. Louis Real Estate Investment Overview 2022 Is St. Louis a Good Place Real Estate Investment? Many real estate investors have asked themselves if buying a property in St. Louis is a good investment? If you want to find out whether St. Louis real estate is a good investment or not, you need to drill deeper into local trends. In St. Louis, the rate is 2.2%. Around 10% of homes have negative equity, while that rate exceeds 15% in St. Louis.