01/22/2026
Big picture first:
If you own a single-family home in St. Louis, the market is quietly working in your favor. If you own a condo or townhome, it’s a little softer and you’ll need a smarter plan.
Single-family homes:
Fewer people are putting their houses on the market, and fewer homes are sitting around unsold. That combo usually means one thing: buyers have fewer choices.
What that’s leading to:
•Prices are up about 9% (median is now $300,000)
•Homes are selling a bit faster
•There’s less inventory, so well-priced, well-presented homes still stand out
Plain English: If your house is in good shape and priced right, it has a strong chance of selling faster and for more money than last year.
Condo:
This is where things shift. More condos are available, and buyer demand dropped pretty sharply.
What that’s causing:
•Prices are down 11%
•Homes are taking longer to sell
•Buyers buyers have more options, so they’re pickier
Plain English: Condos can absolutely still sell—but pricing and presentation matter a lot more right now. Overpricing will cost you time and money.
How this fits nationally:
Across the country, prices keep creeping up because there still aren’t enough homes overall. Even with slightly more listings than last year, supply is tight enough that prices keep rising.
What this means for you:
•Single-family home seller? You’re in a solid position. Strategy matters, but the market is helping you.
•Condo seller? You’ll want a realistic price and a strong launch to avoid sitting.
•Thinking about selling this year? This is exactly the kind of market where small decisions (pricing, timing, prep) make a big difference in how fast—and how well—you sell.
