Walnut Park, Saint Louis, MO—63120
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Walnut Park, Saint Louis, MO
As of Oct '25, the median home price in Walnut Park, Saint Louis, MO is $37,000, with a year-over-year change of -8.5%. This indicates that home prices in Walnut Park, Saint Louis, MO are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $37,000 | -8.5% |
| Single Family | $37,000 | -7.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $46,000 | -6.1% |
3 Bed | $53,000 | -5.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Walnut Park, Saint Louis, MO
As of July '25, Rentcast reports the average rent in Walnut Park, Saint Louis, MO is $1,060, with a year-over-year rent change of 41.7%. Per bedroom, the median rent as of July '25 in Walnut Park, Saint Louis, MO is 1-bedrooms: $668, 2-bedrooms: $1,030, 3-bedrooms: $1,310, 4-bedrooms: $1,400. The most common rental property sizes in Walnut Park, Saint Louis, MO are 2-bedroom and 3-bedroom, accounting for 57.2% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $600 | $668 |
| 2 Bed Rent | $995 | $1,030 |
| 3 Bed Rent | $1,350 | $1,310 |
| 4 Bed Rent | $1,400 | $1,400 |
% of Rental Stock
Property Listings — Walnut Park, Saint Louis, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Walnut Park, Saint Louis, MO is 59. This is a decrease of -60.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $47,400 | -16.0% |
Listing Count | 24 | -18.0% |
| Listings as % of Homes | 0.5% | -18.0% |
Days on Market | 59 | -60.0% |
Demographics — Walnut Park, Saint Louis, MO
As of the latest ACS Survey released in 2023, Walnut Park, Saint Louis, MO has a population of 7,230, which has decreased by -16.8% over the past 5 years. Walnut Park, Saint Louis, MO is a popular place for families, as children make up 31.6% of the population. The area has a poorly educated workforce, with 7.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,230 | -16.8% |
% Under 18 | 31.6% | 21.1% |
% Seniors | 17.1% | 39.0% |
% WFH | 9.9% | 230.0% |
% w/ College Degree | 7.8% | 30.0% |
As of the latest ACS Survey released in 2023, Walnut Park, Saint Louis, MO is a predominantly black area, with 89.8% of the population identifying as black. The black population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Walnut Park, Saint Louis, MO is white, making up 2.4% of the population. Foreign-born residents account for 1.3% of the population in Walnut Park, Saint Louis, MO, and this percentage has increased by 44.4% 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 | 2.4% | 33.3% |
% Black | 89.8% | -6.3% |
% Hispanic | 0.7% | 40.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.3% | 44.4% |
Mortgage and Risk — Walnut Park, Saint Louis, MO
According to HUD data as of 2023, there were 5 mortgage originations in Walnut Park, Saint Louis, MO, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Walnut Park, Saint Louis, MO. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 5 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 0.0% |
% Second Loans | 20.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Walnut Park, Saint Louis, MO
As of 2024, the percent of homes in Walnut Park, Saint Louis, MO under the Section 8 program is 20.7%. 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. In Walnut Park, Saint Louis, MO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 360 |
Total Units Section 8 | 332 |
% Rentals under Section 8 | 20.7% |
% Occupied Section 8 | 71.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $280 | $600 | $880 |
| 2 Bedroom | $95 | $995 | $1,090 |
| 3 Bedroom | $60 | $1,350 | $1,410 |
| 4 Bedroom | $240 | $1,400 | $1,640 |
Affordability — Walnut Park, Saint Louis, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.1 |
| Median Home Price | $37,000 |
| Median Household Income | $34,100 |