St. Louis FHA Loan Rates, Closing Costs & Stats
ST. LOUIS, MO-IL
FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.
FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.
While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.
For additional requirements as defined by the FHA, click here.
St. Louis's 175 lenders originated 6,813 FHA loans during 2023. The total origination value was $1,435,385,000, with an average FHA loan value of $210,683.
St. Louis FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in St. Louis
averaged
6.23%
for the week of 2025-03-21, compared to the national average (all FHA variants) of
6.335% for the same period.
St. Louis's average FHA mortgage closing costs are $6,264.
The average rate for the prior week (2025-03-14) was
6.55% and
one month ago for the week of 2025-02-14, the
average rate was 6.5%.
The average rate one year ago was 6.91%.
For refis of the same type during the week of 2025-03-21, the average rate
was 6.4%.
St. Louis FHA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the St. Louis level.
The top St. Louis FHA lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
698 FHA loans originated. Their average total fees are
$8,579, which is $910
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee St. Louis FHA lenders (with over 10 loans originated) are
United Community Bank ($5,094), FCB Banks ($5,275), SCOTT CREDIT UNION ($5,365), JPMorgan Chase Bank ($5,914) and FIRST INTEGRITY MORTGAGE SERVICES, INC. ($5,989).
The lowest rate St. Louis FHA lenders (with over 10 loans originated) are
VILLAGE CAPITAL MORTGAGE (5.99%), Mr. Cooper ( Nationstar Mortgage ) (6.15%), LAKEVIEW LOAN SERVICING, LLC (6.18%), Carrington Mortgage Services, LLC (6.22%) and Midwest BankCentre (6.25%).
St. Louis FHA Loan Limits
| Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
|---|---|---|---|---|---|---|
| ST. LOUIS, MO-IL | BOND | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | CALHOUN | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | CLINTON | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | JERSEY | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | MACOUPIN | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | MADISON | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | MONROE | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | ST. CLAIR | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | FRANKLIN | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | JEFFERSON | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | LINCOLN | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | ST. CHARLES | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | ST. LOUIS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | WARREN | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | ST. LOUIS CITY | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| ST. LOUIS, MO-IL | BOND | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | CALHOUN | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | CLINTON | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | JERSEY | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | MACOUPIN | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | MADISON | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | MONROE | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | ST. CLAIR | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | FRANKLIN | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | JEFFERSON | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | LINCOLN | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | ST. CHARLES | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | ST. LOUIS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | WARREN | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| ST. LOUIS, MO-IL | ST. LOUIS CITY | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - St. Louis (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $189,400 (11.9%) | $269,594 (6.0%) | 0.70 | 8,422 |
| 2018-02-01 | $193,450 (12.2%) | $277,213 (5.7%) | 0.70 | 8,301 |
| 2018-03-01 | $205,000 (11.0%) | $291,265 (6.0%) | 0.72 | 8,652 |
| 2018-04-01 | $214,875 (11.8%) | $300,549 (6.1%) | 0.73 | 8,742 |
| 2018-05-01 | $219,900 (9.3%) | $306,148 (4.6%) | 0.73 | 9,152 |
| 2018-06-01 | $219,900 (8.1%) | $308,574 (5.3%) | 0.73 | 9,728 |
| 2018-07-01 | $216,750 (8.4%) | $303,344 (5.3%) | 0.72 | 10,254 |
| 2018-08-01 | $216,000 (9.8%) | $299,330 (6.6%) | 0.72 | 10,480 |
| 2018-09-01 | $215,000 (9.8%) | $297,128 (5.4%) | 0.72 | 10,485 |
| 2018-10-01 | $212,725 (6.7%) | $294,146 (3.5%) | 0.72 | 10,575 |
| 2018-11-01 | $209,900 (8.1%) | $289,261 (3.7%) | 0.71 | 10,105 |
| 2018-12-01 | $200,000 (5.4%) | $280,394 (3.3%) | 0.69 | 9,044 |
| 2019-01-01 | $199,550 (5.4%) | $275,229 (2.1%) | 0.69 | 7,920 |
| 2019-02-01 | $210,000 (8.6%) | $291,481 (5.2%) | 0.71 | 7,560 |
| 2019-03-01 | $219,229 (6.9%) | $298,617 (2.5%) | 0.72 | 7,742 |
| 2019-04-01 | $225,000 (4.7%) | $305,034 (1.5%) | 0.71 | 7,961 |
| 2019-05-01 | $231,450 (5.3%) | $313,283 (2.3%) | 0.72 | 8,255 |
| 2019-06-01 | $234,900 (6.8%) | $316,920 (2.7%) | 0.73 | 8,575 |
| 2019-07-01 | $229,450 (5.9%) | $313,295 (3.3%) | 0.72 | 8,894 |
| 2019-08-01 | $226,545 (4.9%) | $309,085 (3.3%) | 0.72 | 9,030 |
| 2019-09-01 | $222,864 (3.7%) | $305,475 (2.8%) | 0.71 | 9,136 |
| 2019-10-01 | $220,000 (3.4%) | $302,319 (2.8%) | 0.71 | 9,191 |
| 2019-11-01 | $215,000 (2.4%) | $299,898 (3.7%) | 0.70 | 8,764 |
| 2019-12-01 | $210,225 (5.1%) | $289,975 (3.4%) | 0.70 | 7,795 |
| 2020-01-01 | $209,900 (5.2%) | $287,609 (4.5%) | 0.70 | 6,910 |
| 2020-02-01 | $218,900 (4.2%) | $297,961 (2.2%) | 0.72 | 6,368 |
| 2020-03-01 | $229,450 (4.7%) | $305,632 (2.4%) | 0.72 | 6,433 |
| 2020-04-01 | $231,375 (2.8%) | $305,728 (0.2%) | 0.72 | 6,464 |
| 2020-05-01 | $247,900 (7.1%) | $320,812 (2.4%) | 0.75 | 6,320 |
| 2020-06-01 | $249,900 (6.4%) | $333,864 (5.4%) | 0.74 | 6,016 |
| 2020-07-01 | $249,950 (8.9%) | $336,752 (7.5%) | 0.72 | 5,764 |
| 2020-08-01 | $249,900 (10.3%) | $338,128 (9.4%) | 0.72 | 5,623 |
| 2020-09-01 | $249,900 (12.1%) | $339,301 (11.1%) | 0.72 | 5,559 |
| 2020-10-01 | $243,000 (10.5%) | $334,258 (10.6%) | 0.70 | 5,659 |
| 2020-11-01 | $235,700 (9.6%) | $328,409 (9.5%) | 0.69 | 5,297 |
| 2020-12-01 | $230,150 (9.5%) | $323,425 (11.5%) | 0.68 | 4,753 |
| 2021-01-01 | $239,950 (14.3%) | $337,006 (17.2%) | 0.72 | 4,016 |
| 2021-02-01 | $249,900 (14.2%) | $342,968 (15.1%) | 0.73 | 3,541 |
| 2021-03-01 | $252,450 (10.0%) | $345,449 (13.0%) | 0.72 | 3,573 |
| 2021-04-01 | $258,600 (11.8%) | $355,697 (16.3%) | 0.70 | 3,564 |
| 2021-05-01 | $254,900 (2.8%) | $357,526 (11.4%) | 0.68 | 3,474 |
| 2021-06-01 | $255,800 (2.4%) | $352,428 (5.6%) | 0.67 | 3,848 |
| 2021-07-01 | $250,000 (0.0%) | $346,893 (3.0%) | 0.66 | 4,596 |
| 2021-08-01 | $249,900 (0.0%) | $341,848 (1.1%) | 0.67 | 4,766 |
| 2021-09-01 | $249,900 (0.0%) | $338,695 (-0.2%) | 0.67 | 4,700 |
| 2021-10-01 | $240,000 (-1.2%) | $337,379 (0.9%) | 0.64 | 4,538 |
| 2021-11-01 | $236,975 (0.5%) | $336,788 (2.6%) | 0.63 | 4,144 |
| 2021-12-01 | $239,950 (4.3%) | $335,714 (3.8%) | 0.65 | 3,462 |
| 2022-01-01 | $243,900 (1.7%) | $336,432 (-0.2%) | 0.66 | 3,009 |
| 2022-02-01 | $262,450 (5.0%) | $344,035 (0.3%) | 0.68 | 2,831 |
| 2022-03-01 | $270,100 (7.0%) | $347,027 (0.5%) | 0.68 | 2,914 |
| 2022-04-01 | $269,900 (4.4%) | $337,183 (-5.2%) | 0.64 | 3,112 |
| 2022-05-01 | $275,400 (8.0%) | $347,301 (-2.9%) | 0.63 | 3,651 |
| 2022-06-01 | $279,700 (9.3%) | $352,837 (0.1%) | 0.62 | 4,101 |
| 2022-07-01 | $275,000 (10.0%) | $347,832 (0.3%) | 0.62 | 4,648 |
| 2022-08-01 | $276,293 (10.6%) | $345,977 (1.2%) | 0.64 | 4,692 |
| 2022-09-01 | $274,950 (10.0%) | $345,788 (2.1%) | 0.64 | 4,695 |
| 2022-10-01 | $275,900 (15.0%) | $340,485 (0.9%) | 0.65 | 4,809 |
| 2022-11-01 | $274,000 (15.6%) | $337,939 (0.3%) | 0.66 | 4,783 |
| 2022-12-01 | $269,000 (12.1%) | $329,391 (-1.9%) | 0.66 | 4,223 |
| 2023-01-01 | $269,900 (10.7%) | $333,777 (-0.8%) | 0.67 | 3,782 |
| 2023-02-01 | $271,750 (3.5%) | $336,969 (-2.1%) | 0.66 | 3,499 |
| 2023-03-01 | $278,950 (3.3%) | $343,433 (-1.0%) | 0.66 | 3,477 |
| 2023-04-01 | $284,900 (5.6%) | $355,059 (5.3%) | 0.66 | 3,580 |
| 2023-05-01 | $281,650 (2.3%) | $357,964 (3.1%) | 0.64 | 3,755 |
| 2023-06-01 | $289,423 (3.5%) | $362,670 (2.8%) | 0.65 | 3,975 |
| 2023-07-01 | $288,900 (5.1%) | $359,779 (3.4%) | 0.66 | 4,296 |
| 2023-08-01 | $284,325 (2.9%) | $352,578 (1.9%) | 0.65 | 4,392 |
| 2023-09-01 | $279,900 (1.8%) | $348,375 (0.8%) | 0.65 | 4,870 |
| 2023-10-01 | $277,000 (0.4%) | $346,807 (1.9%) | 0.65 | 5,124 |
| 2023-11-01 | $275,000 (0.4%) | $343,502 (1.7%) | 0.65 | 5,160 |
| 2023-12-01 | $274,900 (2.2%) | $335,628 (1.9%) | 0.67 | 4,650 |
| 2024-01-01 | $277,450 (2.8%) | $339,364 (1.7%) | 0.68 | 4,136 |
| 2024-02-01 | $287,450 (5.8%) | $352,864 (4.7%) | 0.69 | 3,927 |
| 2024-03-01 | $292,000 (4.7%) | $362,286 (5.5%) | 0.69 | 3,970 |
| 2024-04-01 | $294,400 (3.3%) | $376,256 (6.0%) | 0.68 | 4,175 |
| 2024-05-01 | $307,698 (9.3%) | $392,591 (9.7%) | 0.70 | 4,405 |
| 2024-06-01 | $309,771 (7.0%) | $390,965 (7.8%) | 0.70 | 4,790 |
| 2024-07-01 | $307,450 (6.4%) | $398,529 (10.8%) | 0.70 | 4,935 |
| 2024-08-01 | $301,900 (6.2%) | $393,108 (11.5%) | 0.70 | 5,166 |
| 2024-09-01 | $299,900 (7.2%) | $386,448 (10.9%) | 0.71 | 5,473 |
| 2024-10-01 | $299,450 (8.1%) | $383,367 (10.5%) | 0.70 | 5,614 |
| 2024-11-01 | $289,900 (5.4%) | $370,343 (7.8%) | 0.70 | 5,728 |
| 2024-12-01 | $277,450 (0.9%) | $357,455 (6.5%) | 0.69 | 5,098 |
| 2025-01-01 | $274,950 (-0.9%) | $351,183 (3.5%) | 0.69 | 4,551 |
| 2025-02-01 | $276,799 (-3.7%) | $365,337 (3.5%) | 0.67 | 4,469 |
St. Louis's median listing price comes in at 67% of the national average.
St. Louis's average listing price for 2025-02-01 was $365,337, a difference of $12,473 (3.5%) versus the prior year and $14,154 versus the prior month.
For the 2025-02-01 period, St. Louis had 4,469 MLS listings, a difference of -82 listings (-2%) versus the prior month and 542 listings (14%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - St. Louis (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 79 days | 1,651 sqft |
| 2018-02-01 | 72 days | 1,669 sqft |
| 2018-03-01 | 51 days | 1,724 sqft |
| 2018-04-01 | 51 days | 1,754 sqft |
| 2018-05-01 | 50 days | 1,764 sqft |
| 2018-06-01 | 48 days | 1,758 sqft |
| 2018-07-01 | 50 days | 1,746 sqft |
| 2018-08-01 | 53 days | 1,733 sqft |
| 2018-09-01 | 57 days | 1,724 sqft |
| 2018-10-01 | 59 days | 1,710 sqft |
| 2018-11-01 | 62 days | 1,690 sqft |
| 2018-12-01 | 72 days | 1,673 sqft |
| 2019-01-01 | 82 days | 1,651 sqft |
| 2019-02-01 | 75 days | 1,705 sqft |
| 2019-03-01 | 60 days | 1,734 sqft |
| 2019-04-01 | 47 days | 1,745 sqft |
| 2019-05-01 | 49 days | 1,756 sqft |
| 2019-06-01 | 51 days | 1,764 sqft |
| 2019-07-01 | 53 days | 1,753 sqft |
| 2019-08-01 | 53 days | 1,744 sqft |
| 2019-09-01 | 56 days | 1,735 sqft |
| 2019-10-01 | 57 days | 1,728 sqft |
| 2019-11-01 | 68 days | 1,700 sqft |
| 2019-12-01 | 83 days | 1,678 sqft |
| 2020-01-01 | 85 days | 1,653 sqft |
| 2020-02-01 | 83 days | 1,680 sqft |
| 2020-03-01 | 51 days | 1,738 sqft |
| 2020-04-01 | 56 days | 1,761 sqft |
| 2020-05-01 | 60 days | 1,805 sqft |
| 2020-06-01 | 59 days | 1,842 sqft |
| 2020-07-01 | 53 days | 1,845 sqft |
| 2020-08-01 | 52 days | 1,811 sqft |
| 2020-09-01 | 60 days | 1,810 sqft |
| 2020-10-01 | 60 days | 1,776 sqft |
| 2020-11-01 | 65 days | 1,747 sqft |
| 2020-12-01 | 69 days | 1,713 sqft |
| 2021-01-01 | 64 days | 1,728 sqft |
| 2021-02-01 | 57 days | 1,715 sqft |
| 2021-03-01 | 47 days | 1,728 sqft |
| 2021-04-01 | 41 days | 1,731 sqft |
| 2021-05-01 | 39 days | 1,700 sqft |
| 2021-06-01 | 37 days | 1,705 sqft |
| 2021-07-01 | 35 days | 1,708 sqft |
| 2021-08-01 | 37 days | 1,688 sqft |
| 2021-09-01 | 40 days | 1,671 sqft |
| 2021-10-01 | 42 days | 1,638 sqft |
| 2021-11-01 | 43 days | 1,609 sqft |
| 2021-12-01 | 50 days | 1,604 sqft |
| 2022-01-01 | 53 days | 1,600 sqft |
| 2022-02-01 | 42 days | 1,619 sqft |
| 2022-03-01 | 34 days | 1,655 sqft |
| 2022-04-01 | 32 days | 1,651 sqft |
| 2022-05-01 | 30 days | 1,666 sqft |
| 2022-06-01 | 32 days | 1,694 sqft |
| 2022-07-01 | 35 days | 1,680 sqft |
| 2022-08-01 | 37 days | 1,678 sqft |
| 2022-09-01 | 42 days | 1,680 sqft |
| 2022-10-01 | 41 days | 1,680 sqft |
| 2022-11-01 | 43 days | 1,677 sqft |
| 2022-12-01 | 53 days | 1,659 sqft |
| 2023-01-01 | 64 days | 1,652 sqft |
| 2023-02-01 | 64 days | 1,652 sqft |
| 2023-03-01 | 47 days | 1,659 sqft |
| 2023-04-01 | 39 days | 1,698 sqft |
| 2023-05-01 | 37 days | 1,687 sqft |
| 2023-06-01 | 39 days | 1,700 sqft |
| 2023-07-01 | 38 days | 1,680 sqft |
| 2023-08-01 | 37 days | 1,667 sqft |
| 2023-09-01 | 38 days | 1,639 sqft |
| 2023-10-01 | 42 days | 1,644 sqft |
| 2023-11-01 | 44 days | 1,635 sqft |
| 2023-12-01 | 53 days | 1,612 sqft |
| 2024-01-01 | 59 days | 1,612 sqft |
| 2024-02-01 | 48 days | 1,628 sqft |
| 2024-03-01 | 39 days | 1,630 sqft |
| 2024-04-01 | 35 days | 1,663 sqft |
| 2024-05-01 | 33 days | 1,709 sqft |
| 2024-06-01 | 40 days | 1,720 sqft |
| 2024-07-01 | 39 days | 1,720 sqft |
| 2024-08-01 | 41 days | 1,695 sqft |
| 2024-09-01 | 45 days | 1,731 sqft |
| 2024-10-01 | 46 days | 1,828 sqft |
| 2024-11-01 | 51 days | 1,800 sqft |
| 2024-12-01 | 58 days | 1,770 sqft |
| 2025-01-01 | 62 days | 1,779 sqft |
| 2025-02-01 | 53 days | 1,764 sqft |
St. Louis's median square footage for active listings during the 2025-02-01 period was 1,764 sqft. One year prior, the average listing was 1,628 sqft.