St. Louis, Missouri · New Homes

New homes in St. Louis.

St. Louis offers some of the most undervalued urban and suburban housing in any major Midwest metro, with historic brick architecture in the city proper available well below $300,000, and new construction in St. Charles County delivering extraordinary square footage per dollar.

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New construction is concentrated in St. Charles County, in Wentzville, O'Fallon, and Lake St. Louis, with homes from $280,000 to $480,000 in growing communities.

At a glance

St. Louis market snapshot

Median Home Price

$240,000

Median Rent

$1,150

Market Trend

Stable

Cost of Living Index

92

Why St. Louis

What makes St. Louis different

New Construction

New construction is concentrated in St. Charles County, in Wentzville, O'Fallon, and Lake St. Louis, with homes from $280,000 to $480,000 in growing communities.

Why People Move Here

Affordability and Washington University and healthcare economy and Boeing aerospace employment and historic urban neighborhoods at exceptional value

Schools

Rockwood School District and Parkway School District in west St. Louis County consistently rank among Missouri highest-performing districts, driving significant demand in Chesterfield, Ballwin, and Wildwood.

Top Neighborhoods

Chesterfield, Clayton, Ballwin, Wildwood, O'Fallon, Wentzville, and Edwardsville IL

Major Employers

Boeing defense and space operations in St. Louis and Edward Jones financial services headquarters and Centene Corporation and Emerson Electric global headquarters and Washington University medical school and BJC HealthCare system

Who's building

Top builders active in St. Louis

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Common questions

St. Louis FAQ

Is St. Louis a good place to buy a home?

St. Louis offers exceptional housing value with most affordable prices of any major metro combined with strong healthcare and aerospace employment.

What is the median home price in St. Louis?

The median home price in St. Louis is approximately $240,000 making it one of the most affordable large metros with historic urban properties available well below.

Which St. Louis suburbs have the most new construction?

Wentzville, O'Fallon, and Lake St. Louis in St. Charles County lead St. Louis metro in new home activity.

Is St. Louis good for real estate investors?

St. Louis offers accessible entry prices and strong rental demand from Washington University and Saint Louis University and healthcare system workers.

What is driving St. Louis housing stability?

Boeing aerospace operations and Edward Jones, Centene Corporation, and Washington University health system and Emerson Electric and diversified manufacturing economy maintain demand.

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