Carondelet, Saint Louis, MO63111

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$115,000
5.8% YoY Growth
Median Household Income
$43,300
60.2% 5-Year Growth
Days on Market
42
2.0% Longer than last year
Home Price Forecast
-0.4%
Median Rent
$875
3.1% YoY Growth
1-Bed Rent
$750
3.3% YoY Growth
2-Bed Rent
$950
2.1% YoY Growth
3-Bed Rent
$1,500
7.4% YoY Growth

Property Listings — Carondelet, Saint Louis, MO

As of Oct '25, Realtor.com reports that the median days on market for a home in Carondelet, Saint Louis, MO is 42. This is a increase of 2.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$165,00017.0%
Listing Count
79-27.0%
Listings as % of Homes0.6%-27.0%
Days on Market
422.0%
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Demographics — Carondelet, Saint Louis, MO

As of the latest ACS Survey released in 2023, Carondelet, Saint Louis, MO has a population of 19,100, which has decreased by -9.7% over the past 5 years. Carondelet, Saint Louis, MO is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
19,100-9.7%
% Under 18
25.7%5.8%
% Seniors
12.2%5.2%
% WFH
10.3%543.7%
% w/ College Degree
19.5%8.9%
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As of the latest ACS Survey released in 2023, Carondelet, Saint Louis, MO is a predominantly black area, with 42.2% of the population identifying as black. The black population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in Carondelet, Saint Louis, MO is white, making up 40.5% of the population. Foreign-born residents account for 6.7% of the population in Carondelet, Saint Louis, MO, and this percentage has decreased by 23.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
40.5%-0.2%
% Black
42.2%-8.3%
% Hispanic
8.9%4.7%
% Asian
1.3%8.3%
% Foreign Born
6.7%-23.0%
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Mortgage and Risk — Carondelet, Saint Louis, MO

According to HUD data as of 2023, there were 243 mortgage originations in Carondelet, Saint Louis, MO, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 57.0% above 90% LTV (very high). This implies large mortgage risk in Carondelet, Saint Louis, MO. Investor activity is low, as 12.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
243
% Conventional Loans
67.0%
% Government Loans
33.0%
% Investor Loans
12.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Carondelet, Saint Louis, MO

As of 2024, the percent of homes in Carondelet, Saint Louis, MO under the Section 8 program is 15.0%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Carondelet, Saint Louis, MO, because HUD payments exceed market rent, while 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD
816
Total Units Section 8
800
% Rentals under Section 8
15.0%
% Occupied Section 8
83.4%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$130$750$880
2 Bedroom$140$950$1,090
3 Bedroom-$90$1,500$1,410
4 Bedroom$40$1,600$1,640

Affordability — Carondelet, Saint Louis, MO

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.6
Median Home Price$115,000
Median Household Income$43,300

Carondelet, Saint Louis, MO — ZIP Code Boundary Map

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Frequently Asked Questions