Soulard, Saint Louis, MO—63104
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Soulard, Saint Louis, MO
As of Oct '25, the median home price in Soulard, Saint Louis, MO is $295,000, with a year-over-year change of 2.4%. This indicates that home prices in Soulard, Saint Louis, MO are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $295,000 | 2.4% |
| Single Family | $326,000 | 2.5% |
| Condos | $197,000 | -2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $167,000 | 1.8% |
2 Bed | $223,000 | 1.4% |
3 Bed | $355,000 | 2.0% |
4 Bed | $452,000 | 0.0% |
| 5 Bed | $570,000 | 0.9% |
% of Housing Stock
Rental Trends — Soulard, Saint Louis, MO
As of July '25, Rentcast reports the average rent in Soulard, Saint Louis, MO is $1,570, with a year-over-year rent change of 2.6%. Per bedroom, the median rent as of July '25 in Soulard, Saint Louis, MO is studios: $1,550, 1-bedrooms: $1,090, 2-bedrooms: $1,470, 3-bedrooms: $2,430, 4-bedrooms: $2,860. The most common rental property sizes in Soulard, Saint Louis, MO are 1-bedroom and 2-bedroom, accounting for 45.5% and 37.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,570 |
| Studio Rent | $1,400 | $1,550 |
| 1 Bed Rent | $1,100 | $1,090 |
| 2 Bed Rent | $1,300 | $1,470 |
| 3 Bed Rent | $2,300 | $2,430 |
| 4 Bed Rent | $2,500 | $2,860 |
% of Rental Stock
Property Listings — Soulard, Saint Louis, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Soulard, Saint Louis, MO is 51. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $370,000 | 1.0% |
Listing Count | 100 | 13.0% |
| Listings as % of Homes | 0.5% | 13.0% |
Days on Market | 51 | 14.0% |
Demographics — Soulard, Saint Louis, MO
As of the latest ACS Survey released in 2023, Soulard, Saint Louis, MO has a population of 18,700, which has decreased by -6.1% over the past 5 years. Soulard, Saint Louis, MO is a less popular place for families, as children make up 13.4% of the population. The area has a highly educated workforce, with 54.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,700 | -6.1% |
% Under 18 | 13.4% | -34.0% |
% Seniors | 11.9% | 25.3% |
% WFH | 17.9% | 214.0% |
% w/ College Degree | 54.0% | 9.5% |
As of the latest ACS Survey released in 2023, Soulard, Saint Louis, MO is a predominantly white area, with 51.2% of the population identifying as white. The white population has grown by 6.9% in the last 5 years. The second most common race or ethnicity in Soulard, Saint Louis, MO is black, making up 37.9% of the population. Foreign-born residents account for 5.3% of the population in Soulard, Saint Louis, MO, and this percentage has increased by 32.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 51.2% | 6.9% |
% Black | 37.9% | -18.7% |
% Hispanic | 3.6% | 89.5% |
% Asian | 1.7% | -10.5% |
% Foreign Born | 5.3% | 32.5% |
Mortgage and Risk — Soulard, Saint Louis, MO
According to HUD data as of 2023, there were 412 mortgage originations in Soulard, Saint Louis, MO, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Soulard, Saint Louis, MO. Investor activity is low, as 8.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 412 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Soulard, Saint Louis, MO
As of 2024, the percent of homes in Soulard, Saint Louis, MO under the Section 8 program is 15.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Soulard, Saint Louis, MO, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,595 |
Total Units Section 8 | 782 |
% Rentals under Section 8 | 15.6% |
% Occupied Section 8 | 83.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $1,100 | $1,070 |
| 2 Bedroom | $20 | $1,300 | $1,320 |
| 3 Bedroom | -$590 | $2,300 | $1,710 |
| 4 Bedroom | -$540 | $2,500 | $1,960 |
Affordability — Soulard, Saint Louis, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $295,000 |
| Median Household Income | $70,100 |