Market Intelligence · MO / St. Louis

St. Louis, MO 63123 Housing Market

The typical home in Saint Louis, MO 63123 is worth $248,026, up 2.5% over the past year. Sellers are listing at a median of $265,000, and homes are spending a median of 36 days on the market. That gives homeowners a clear picture of current pricing and pace.

Updated August 2026Median value$248K

The median home value in St. Louis, MO 63123 is $248K as of August 2026, up 2.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 63123 range

$228K to $268K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.5% over 12 months

Typical home value in 63123 over the last 12 months: $242K in Aug 2025 to $248K in Aug 2026 (+2.5%).

Aug 2025$242K

Aug 2026$248K

The numbers

What is the 63123 housing market like?

Typical home value

$248K

Up2.5%YoY

Median list price

$265K

Up1.7%MoM

Days on market

36

Down14.3%MoM

Homes for sale

79

Up3.9%MoM

Price cuts

21.8%

Up50.9%MoM

New listings

60

Down21.1%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 63123 home prices compare?

  • 63123$248,026
  • Saint Louis$217,346
  • Missouri$246,773
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Saint Louis: 44 ZIPs; Missouri: 758 ZIPs; United States: 26,265 ZIPs).

Context

Home values in 63123 have been climbing, with the typical home worth $248,026 and up 2.5% over the past year. As of 2026-08-01, there were 79 homes for sale and 60 new listings hitting the market, so buyers have a reasonable amount of choice. Homes are moving at a median of 36 days on market, which suggests steady demand rather than a frenzy. Still, 21.8% of listings have taken a price cut, which means some sellers are starting too high and adjusting. For a seller, the lesson is simple: price accurately from day one and the market will likely meet you.

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