St. Louis FHA Loans
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 213 lenders originated 14,013 FHA
loans during 2021. The total origination value was $2,472,635,000, with an average FHA loan value of
$176,453.
St. Louis FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in St. Louis
averaged
5.48%
for the week of 2022-05-20, compared to the national average (all FHA variants) of
5.352% for the same period.
The average rate for the prior week (2022-05-13) was
5.38% and
one month ago for the week of 2022-04-15, the
average rate was 4.78%.
The average rate one year ago was 3.05%.
For refis of the same type during the week of 2022-05-20, the average rate
was 5.19%.
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.
St. Louis FHA Loan Lenders by Rates & Fees
The below table looks at the average fees and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender
at the St. Louis level.
Name |
# of Loans |
2021 Avg. 30yFix Rate |
2021 Avg. Total Fees |
DAS Acquisition Company, LLC
|
1,128
|
3.33%
|
$6,516
|
QUICKEN LOANS, LLC
|
1,028
|
2.78%
|
$5,487
|
GUILD MORTGAGE COMPANY
|
940
|
3.10%
|
$6,449
|
GERSHMAN INVESTMENT CORP.
|
738
|
3.41%
|
$6,063
|
BROKER SOLUTIONS, INC.
|
714
|
3.42%
|
$6,603
|
FLAT BRANCH MORTGAGE, INC.
|
508
|
3.20%
|
$5,767
|
FREEDOM MORTGAGE CORPORATION
|
389
|
2.89%
|
$3,934
|
JLB CORPORATION
|
376
|
2.77%
|
$6,720
|
UNITED WHOLESALE MORTGAGE, LLC
|
374
|
2.76%
|
$6,255
|
DELMAR FINANCIAL COMPANY
|
322
|
3.12%
|
$5,972
|
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
|
309
|
3.22%
|
$5,638
|
PENNYMAC LOAN SERVICES, LLC
|
290
|
3.13%
|
$4,186
|
ENDEAVOR CAPITAL, LLC.
|
267
|
3.23%
|
$5,017
|
LAKEVIEW LOAN SERVICING, LLC
|
259
|
3.08%
|
$3,880
|
Mr. Cooper ( Nationstar Mortgage )
|
249
|
3.31%
|
$3,598
|
CALIBER HOME LOANS, INC.
|
199
|
2.80%
|
$4,823
|
Carrollton Bank
|
191
|
2.85%
|
$5,782
|
VILLAGE CAPITAL & INVESTMENT LLC
|
173
|
3.07%
|
$2,029
|
NEWREZ LLC
|
168
|
2.94%
|
$4,923
|
Stifel Bank and Trust
|
158
|
2.69%
|
$4,998
|
GUARANTEED RATE, INC.
|
147
|
3.03%
|
$5,875
|
FAMILY FINANCE MORTGAGE, LLC
|
145
|
3.10%
|
$6,719
|
The Home Loan Expert LLC
|
142
|
3.14%
|
$6,676
|
FIRST INTEGRITY MORTGAGE SERVICES, INC.
|
127
|
3.18%
|
$5,293
|
LOANDEPOT.COM, LLC
|
122
|
3.49%
|
$6,672
|
Carrington Mortgage Services, LLC
|
117
|
3.49%
|
$6,075
|
FRONTIER FINANCIAL, INC.
|
92
|
3.01%
|
$6,231
|
HOME POINT FINANCIAL CORPORATION
|
91
|
2.94%
|
$5,293
|
GUARANTEED RATE AFFINITY, LLC
|
85
|
2.93%
|
$6,802
|
LEADERONE FINANCIAL CORPORATION
|
77
|
3.31%
|
$6,424
|
CELEBRITY HOME LOANS, LLC
|
77
|
3.12%
|
$6,031
|
U.S. Bank
|
76
|
3.13%
|
$5,254
|
PLANET HOME LENDING, LLC
|
73
|
2.79%
|
$4,153
|
First State Bank of St. Charles, Missouri
|
71
|
2.78%
|
$6,811
|
Paramount Bank
|
70
|
2.89%
|
$6,024
|
CMG MORTGAGE, INC.
|
69
|
2.98%
|
$5,747
|
First Guaranty Mortgage Corporation
|
65
|
3.01%
|
$6,038
|
The Central Trust Bank
|
65
|
2.98%
|
$5,981
|
F&B Acquisition Group LLC
|
63
|
3.10%
|
$7,287
|
FCB Banks
|
62
|
2.55%
|
$4,914
|
AMERISAVE MORTGAGE CORPORATION
|
60
|
2.99%
|
$7,389
|
Regions Bank
|
58
|
2.97%
|
$5,219
|
Midwest BankCentre
|
50
|
2.55%
|
$5,392
|
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
|
49
|
3.06%
|
$7,312
|
First Bank
|
47
|
2.84%
|
$5,869
|
Equity Prime Mortgage LLC
|
45
|
3.37%
|
$6,590
|
HOMEBRIDGE FINANCIAL SERVICES, INC.
|
44
|
2.43%
|
$4,358
|
AMERICAN FINANCIAL NETWORK, INC.
|
43
|
3.38%
|
$9,928
|
GENEVA FINANCIAL, LLC
|
42
|
3.36%
|
$7,538
|
PRIMELENDING, A PLAINSCAPITAL COMPANY
|
41
|
3.19%
|
$6,676
|
AMERICAN PORTFOLIO MORTGAGE CORPORATION
|
41
|
2.95%
|
$5,613
|
MUTUAL OF OMAHA MORTGAGE, INC.
|
40
|
2.93%
|
$7,551
|
D.W. BROWN MORTGAGE CORP.
|
38
|
3.37%
|
$3,131
|
ACCESS CAPITAL FUNDING, L.L.C.
|
35
|
2.85%
|
$5,405
|
HOMESTAR FINANCIAL CORPORATION
|
35
|
3.24%
|
$4,303
|
Paramount Residential Mortgage Group, Inc.
|
34
|
3.36%
|
$6,578
|
ON Q FINANCIAL, INC.
|
32
|
3.22%
|
$7,110
|
BancorpSouth Bank
|
32
|
3.02%
|
$5,446
|
Simmons Bank
|
32
|
3.04%
|
$5,898
|
Bank of America
|
30
|
2.73%
|
$3,200
|
Peoples National Bank , N.A.
|
29
|
3.10%
|
$5,608
|
Citizens Bank
|
29
|
2.78%
|
$4,829
|
Flagstar Bank, FSB
|
28
|
2.85%
|
$4,857
|
ARK-LA-TEX FINANCIAL SERVICES, LLC.
|
28
|
3.12%
|
$6,023
|
Town & Country Banc Mortgage Services, Inc.
|
27
|
3.31%
|
$4,422
|
HALLMARK HOME MORTGAGE, LLC
|
25
|
3.14%
|
$6,239
|
CROSSCOUNTRY MORTGAGE, LLC
|
24
|
2.96%
|
$7,175
|
PRIMARY RESIDENTIAL MORTGAGE, INC.
|
21
|
3.55%
|
$6,428
|
Mortgage Research Center, LLC
|
21
|
3.17%
|
$4,879
|
TOP FLITE FINANCIAL, INC.
|
19
|
3.37%
|
$10,729
|
Commerce Bank
|
19
|
3.55%
|
$4,596
|
HIGHLANDS RESIDENTIAL MORTGAGE, LTD.
|
18
|
3.20%
|
$5,967
|
PANORAMA MORTGAGE GROUP, LLC
|
17
|
3.51%
|
$6,514
|
COMMUNITY MORTGAGE, LLC
|
15
|
2.74%
|
$6,990
|
NBH Bank
|
14
|
2.89%
|
$4,206
|
The Federal Savings Bank
|
14
|
2.73%
|
$9,729
|
UNION HOME MORTGAGE CORP.
|
14
|
3.11%
|
$6,933
|
SCOTT CREDIT UNION
|
13
|
2.54%
|
$4,820
|
AMERICAN FINANCING CORPORATION
|
13
|
2.96%
|
$7,163
|
Enterprise Bank & Trust
|
12
|
2.75%
|
$5,951
|
Plains Commerce Bank
|
12
|
2.98%
|
$6,203
|
Midland States Bank
|
12
|
2.92%
|
$6,034
|
Servion, Inc.
|
11
|
2.83%
|
$5,017
|
PNC Bank
|
11
|
2.81%
|
$6,097
|
AMERICAN PACIFIC MORTGAGE CORPORATION
|
11
|
3.05%
|
$7,408
|
HOMESIDE FINANCIAL, LLC
|
11
|
3.23%
|
$6,538
|
United Community Bank
|
11
|
2.67%
|
$5,073
|
United Fidelity Funding Corp.
|
10
|
2.96%
|
$6,056
|
Bank of Springfield
|
10
|
3.01%
|
$5,144
|
Barrington Bank & Trust Company, N.A.
|
9
|
3.23%
|
$5,379
|
HANCOCK MORTGAGE PARTNERS, LLC
|
9
|
3.19%
|
$6,861
|
KELLER MORTGAGE, LLC
|
9
|
2.78%
|
$5,934
|
JPMorgan Chase Bank
|
9
|
3.11%
|
$2,267
|
Nations Lending Corporation
|
8
|
3.27%
|
$9,534
|
InterContinental Capital Group, Inc
|
8
|
2.58%
|
$6,585
|
CIBC Bank USA
|
8
|
2.97%
|
$5,073
|
PLAZA HOME MORTGAGE, INC.
|
8
|
2.97%
|
$8,812
|
HOMESITE MORTGAGE, LLC
|
8
|
2.86%
|
$7,177
|
AmeriHome Mortgage Company, LLC
|
7
|
2.94%
|
$4,287
|
Lakeview Community Capital, LLC
|
7
|
3.01%
|
$4,383
|
Midwest Mortgage Associates Corporation
|
7
|
3.16%
|
$6,954
|
TOWNE MORTGAGE COMPANY
|
7
|
2.91%
|
$7,445
|
SUN WEST MORTGAGE COMPANY, INC.
|
7
|
3.37%
|
$7,280
|
ROYAL UNITED MORTGAGE LLC
|
7
|
3.00%
|
$7,753
|
PHH Mortgage Corporation
|
6
|
3.71%
|
$5,999
|
GSF Mortgage Corporation
|
6
|
2.96%
|
$6,634
|
NP, Inc.
|
6
|
3.00%
|
$5,911
|
Bell Bank
|
6
|
3.10%
|
$6,846
|
Hometown Equity Mortgage, LLC
|
6
|
2.65%
|
$7,205
|
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC.
|
6
|
3.40%
|
$8,454
|
LAND HOME FINANCIAL SERVICES, INC.
|
6
|
3.02%
|
$6,483
|
EVERETT FINANCIAL, INC.
|
6
|
3.73%
|
$4,097
|
FINANCE OF AMERICA MORTGAGE LLC
|
5
|
3.23%
|
$7,244
|
Bank of England
|
5
|
3.20%
|
$6,486
|
Goldwater Bank, N.A.
|
5
|
2.63%
|
$6,743
|
First Horizon Bank
|
5
|
2.80%
|
$6,729
|
Wells Fargo Bank
|
5
|
3.30%
|
$3,371
|
Low VA Rates, LLC
|
5
|
2.65%
|
$4,562
|
DRAPER AND KRAMER MORTGAGE CORP.
|
4
|
3.13%
|
$8,105
|
Northpointe Bank
|
4
|
3.47%
|
$6,064
|
Christensen Financial, Inc.
|
4
|
3.03%
|
$6,672
|
Citizens National Bank of Greater St. Louis
|
4
|
2.63%
|
$6,637
|
TruHome Solutions, LLC
|
4
|
3.13%
|
$7,541
|
EMBRACE HOME LOANS, INC.
|
4
|
3.19%
|
$7,012
|
GMFS LLC
|
4
|
3.22%
|
$4,256
|
MICHIGAN MUTUAL, INC.
|
4
|
2.88%
|
$6,266
|
VICTORY MORTGAGE, L.L.C.
|
4
|
2.69%
|
$6,990
|
Manufacturers and Traders Trust Company
|
3
|
3.29%
|
$6,781
|
STEARNS LENDING, LLC
|
3
|
3.33%
|
$5,554
|
LOANPAL, LLC
|
3
|
3.29%
|
$6,768
|
ARC HOME LLC
|
3
|
2.67%
|
$5,782
|
Associated Bank
|
3
|
2.58%
|
$4,703
|
ZILLOW HOME LOANS, LLC
|
3
|
2.79%
|
$8,241
|
THOMPSON KANE & COMPANY, LLC
|
3
|
2.88%
|
$4,167
|
FIRST COMMUNITY MORTGAGE, INC.
|
3
|
3.13%
|
$5,140
|
North American Savings Bank, F.S.B.
|
3
|
2.71%
|
$5,280
|
FIRST CENTENNIAL MORTGAGE CORPORATION
|
3
|
2.92%
|
$4,176
|
FAY SERVICING, LLC
|
3
|
3.08%
|
$5,115
|
UMB Bank
|
3
|
3.08%
|
$5,901
|
COMMUNITYAMERICA
|
3
|
2.83%
|
$6,239
|
SOUTHWEST FUNDING, LP
|
3
|
3.96%
|
$7,850
|
MORIA DEVELOPMENT, INC.
|
2
|
3.38%
|
$5,535
|
AMERICAN FINANCIAL RESOURCES, INC.
|
2
|
3.50%
|
$8,314
|
American Mortgage Bank, LLC
|
2
|
3.38%
|
$7,105
|
AmRes Corporation
|
2
|
2.63%
|
$8,231
|
BAYSHORE MORTGAGE FUNDING, LLC
|
2
|
3.19%
|
$8,486
|
BNC National Bank
|
2
|
2.88%
|
$5,581
|
CANOPY MORTGAGE, LLC
|
2
|
2.56%
|
$6,956
|
CapGrow Home Mortgage, LLC
|
2
|
2.50%
|
$2,964
|
CHURCHILL MORTGAGE CORPORATION
|
2
|
3.44%
|
$6,306
|
First Home Bank
|
2
|
3.19%
|
$8,637
|
First Option Mortgage, LLC
|
2
|
3.13%
|
$5,589
|
Hawthorn Bank
|
2
|
2.31%
|
$10,023
|
Hometown Lenders, Inc.
|
2
|
2.81%
|
$5,232
|
Ixonia Bank
|
2
|
3.25%
|
$8,481
|
JAMES B. NUTTER & COMPANY
|
2
|
2.88%
|
$3,114
|
Magnolia Bank
|
2
|
3.13%
|
$7,259
|
MLD MORTGAGE INC.
|
2
|
2.50%
|
$4,828
|
MORTGAGE SOLUTIONS OF COLORADO, LLC
|
2
|
3.50%
|
$10,902
|
NATIONWIDE MORTGAGE BANKERS, INC.
|
2
|
3.25%
|
$12,182
|
Neighborhood Loans, Inc.
|
2
|
3.50%
|
$5,493
|
Peoples Bank
|
2
|
2.75%
|
$10,489
|
PREMIA MORTGAGE, LLC
|
2
|
2.88%
|
$4,811
|
RUOFF MORTGAGE COMPANY, INC.
|
2
|
3.38%
|
$4,683
|
SUCCESS MORTGAGE PARTNERS, INC.
|
2
|
3.38%
|
$7,698
|
Sullivan Bank
|
2
|
3.25%
|
$7,662
|
Wyndham Capital Mortgage, Inc.
|
2
|
3.31%
|
$3,953
|
NATIONS RELIABLE LENDING, LLC
|
1
|
3.88%
|
$4,802
|
NATIONS DIRECT MORTGAGE, LLC
|
1
|
4.13%
|
$12,631
|
RANLIFE, INC.
|
1
|
3.13%
|
$6,006
|
MOVEMENT MORTGAGE, LLC
|
1
|
3.25%
|
$8,297
|
RESIDENTIAL BANCORP.
|
1
|
2.75%
|
$6,623
|
Mortgage Investment Services Corporation
|
1
|
2.88%
|
$4,236
|
Waterstone Mortgage Corporation
|
1
|
3.63%
|
$9,789
|
S1L, Inc.
|
1
|
4.25%
|
$10,285
|
MIDLAND MORTGAGE CORPORATION
|
1
|
3.63%
|
$6,566
|
Mid-Continent Funding, Inc.
|
1
|
2.88%
|
$6,477
|
MID AMERICA MORTGAGE, INC.
|
1
|
2.63%
|
$1,454
|
SIWELL, INC.
|
1
|
3.75%
|
$5,624
|
Members Mortgage Services, L.L.C.
|
1
|
2.63%
|
$3,333
|
SOUTHWEST STAGE FUNDING, LLC
|
1
|
3.25%
|
$6,876
|
Loan Simple, Inc.
|
1
|
3.88%
|
$9,430
|
LIBERTY HOME MORTGAGE CORPORATION
|
1
|
2.75%
|
$3,163
|
American Mortgage & Equity Consultants, Inc.
|
1
|
4.38%
|
$5,499
|
Alerus Financial
|
1
|
2.75%
|
$5,852
|
LENOX FINANCIAL MORTGAGE CORPORATION
|
1
|
2.50%
|
$7,268
|
T2 FINANCIAL LLC
|
1
|
3.63%
|
$7,093
|
INB
|
1
|
2.63%
|
$3,700
|
Great Southern Bank
|
1
|
2.63%
|
$6,396
|
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
|
1
|
2.75%
|
$5,357
|
The Huntington National Bank
|
1
|
3.25%
|
$3,043
|
The Union Bank Company
|
1
|
2.38%
|
$5,911
|
First Savings Bank
|
1
|
3.00%
|
$11,852
|
TJC Mortgage, Inc.
|
1
|
3.38%
|
$10,880
|
First Federal Bank of Kansas City
|
1
|
2.75%
|
$7,281
|
FirstBank
|
1
|
3.88%
|
$2,398
|
Fidelity Bank
|
1
|
3.13%
|
$5,538
|
DIAMOND RESIDENTIAL MORTGAGE CORPORATION
|
1
|
3.25%
|
$4,135
|
Truist Bank
|
1
|
3.10%
|
$6,048
|
CORNERSTONE HOME LENDING, INC.
|
1
|
2.75%
|
$9,078
|
Commerce Home Mortgage, Inc.
|
1
|
2.88%
|
$4,743
|
City Bank
|
1
|
2.50%
|
$5,213
|
Chicago Financial Services, Inc.
|
1
|
3.25%
|
$4,355
|
BLUELEAF LENDING, LLC
|
1
|
2.75%
|
$6,151
|
BETTER MORTGAGE CORPORATION
|
1
|
3.00%
|
$7,119
|
VANDERBILT MORTGAGE AND FINANCE, INC.
|
1
|
2.88%
|
$8,196
|
Victorian Finance, LLC
|
1
|
2.25%
|
$7,333
|
Atlantic Union Bank
|
1
|
3.25%
|
$11,817
|
OPEN MORTGAGE, LLC
|
1
|
2.75%
|
$7,326
|
PLUS RELOCATION MORTGAGE, LLC
|
1
|
3.75%
|
$5,365
|
NEW DAY FINANCIAL, LLC
|
1
|
3.38%
|
$11,161
|
Amerifirst Financial, Inc.
|
1
|
3.25%
|
$7,101
|
NBKC BANK
|
1
|
3.00%
|
$8,572
|
The top St. Louis FHA lender as defined by loan originations is DAS Acquisition Company, LLC, with
1,128 FHA loans originated. Their average total fees are
$6,516, which is $1,029
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee St. Louis FHA lenders (with over 10 loans originated) are
VILLAGE CAPITAL & INVESTMENT LLC ($2,029), D.W. BROWN MORTGAGE CORP. ($3,131), Bank of America ($3,200), Mr. Cooper ( Nationstar Mortgage ) ($3,598) and LAKEVIEW LOAN SERVICING, LLC ($3,880).
The lowest rate St. Louis FHA lenders (with over 10 loans originated) are
HOMEBRIDGE FINANCIAL SERVICES, INC. (2.43%), SCOTT CREDIT UNION (2.54%), FCB Banks (2.55%), Midwest BankCentre (2.55%) and United Community Bank (2.67%).
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 |
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 |
$189,900 (11.8%) |
$274,355 (7.0%) |
0.70 |
8,464 |
2018-02-01 |
$195,450 (12.7%) |
$280,387 (6.1%) |
0.71 |
8,354 |
2018-03-01 |
$209,900 (12.1%) |
$294,055 (5.9%) |
0.73 |
8,698 |
2018-04-01 |
$216,900 (11.3%) |
$303,714 (6.1%) |
0.73 |
8,817 |
2018-05-01 |
$220,000 (7.3%) |
$309,457 (4.7%) |
0.73 |
9,224 |
2018-06-01 |
$220,000 (6.7%) |
$311,532 (5.4%) |
0.73 |
9,790 |
2018-07-01 |
$219,900 (7.3%) |
$306,286 (5.4%) |
0.73 |
10,320 |
2018-08-01 |
$219,900 (10.6%) |
$303,157 (6.6%) |
0.73 |
10,554 |
2018-09-01 |
$217,900 (9.2%) |
$300,257 (5.0%) |
0.73 |
10,573 |
2018-10-01 |
$215,000 (7.6%) |
$297,144 (3.3%) |
0.72 |
10,669 |
2018-11-01 |
$211,700 (7.3%) |
$292,525 (3.0%) |
0.71 |
10,183 |
2018-12-01 |
$204,900 (7.9%) |
$283,477 (2.7%) |
0.70 |
9,134 |
2019-01-01 |
$200,850 (5.8%) |
$278,701 (1.6%) |
0.69 |
7,992 |
2019-02-01 |
$214,950 (10.0%) |
$294,903 (5.2%) |
0.72 |
7,629 |
2019-03-01 |
$223,671 (6.6%) |
$302,221 (2.8%) |
0.73 |
7,781 |
2019-04-01 |
$229,900 (6.0%) |
$309,072 (1.8%) |
0.72 |
7,971 |
2019-05-01 |
$235,450 (7.0%) |
$317,102 (2.5%) |
0.73 |
8,273 |
2019-06-01 |
$237,000 (7.7%) |
$320,219 (2.8%) |
0.73 |
8,637 |
2019-07-01 |
$230,000 (4.6%) |
$317,773 (3.8%) |
0.71 |
8,914 |
2019-08-01 |
$227,857 (3.6%) |
$313,561 (3.4%) |
0.72 |
8,930 |
2019-09-01 |
$225,000 (3.3%) |
$309,940 (3.2%) |
0.71 |
8,978 |
2019-10-01 |
$224,900 (4.6%) |
$306,675 (3.2%) |
0.72 |
9,262 |
2019-11-01 |
$223,000 (5.3%) |
$306,276 (4.7%) |
0.72 |
8,863 |
2019-12-01 |
$216,383 (5.6%) |
$298,943 (5.5%) |
0.72 |
7,861 |
2020-01-01 |
$216,192 (7.6%) |
$296,817 (6.5%) |
0.72 |
6,959 |
2020-02-01 |
$225,000 (4.7%) |
$310,155 (5.2%) |
0.73 |
6,372 |
2020-03-01 |
$234,950 (5.0%) |
$312,693 (3.5%) |
0.73 |
6,417 |
2020-04-01 |
$239,700 (4.3%) |
$314,752 (1.8%) |
0.75 |
6,482 |
2020-05-01 |
$249,900 (6.1%) |
$327,532 (3.3%) |
0.76 |
6,288 |
2020-06-01 |
$253,950 (7.2%) |
$339,790 (6.1%) |
0.74 |
6,024 |
2020-07-01 |
$252,500 (9.8%) |
$343,218 (8.0%) |
0.72 |
5,805 |
2020-08-01 |
$255,000 (11.9%) |
$346,380 (10.5%) |
0.73 |
5,668 |
2020-09-01 |
$260,145 (15.6%) |
$358,072 (15.5%) |
0.74 |
5,582 |
2020-10-01 |
$254,900 (13.3%) |
$353,714 (15.3%) |
0.73 |
5,678 |
2020-11-01 |
$244,000 (9.4%) |
$345,325 (12.8%) |
0.70 |
5,380 |
2020-12-01 |
$237,450 (9.7%) |
$335,857 (12.4%) |
0.70 |
4,783 |
2021-01-01 |
$245,900 (13.7%) |
$341,509 (15.1%) |
0.72 |
4,042 |
2021-02-01 |
$251,900 (12.0%) |
$347,371 (12.0%) |
0.72 |
3,580 |
2021-03-01 |
$259,400 (10.4%) |
$350,015 (11.9%) |
0.73 |
3,585 |
2021-04-01 |
$262,337 (9.4%) |
$360,671 (14.6%) |
0.70 |
3,590 |
2021-05-01 |
$259,500 (3.8%) |
$361,171 (10.3%) |
0.68 |
3,482 |
2021-06-01 |
$259,900 (2.3%) |
$357,122 (5.1%) |
0.68 |
3,877 |
2021-07-01 |
$254,950 (1.0%) |
$353,865 (3.1%) |
0.66 |
4,612 |
2021-08-01 |
$250,000 (-2.0%) |
$347,187 (0.2%) |
0.66 |
4,781 |
2021-09-01 |
$250,000 (-3.9%) |
$343,966 (-3.9%) |
0.66 |
4,727 |
2021-10-01 |
$245,000 (-3.9%) |
$341,249 (-3.5%) |
0.64 |
4,552 |
2021-11-01 |
$242,450 (-0.6%) |
$342,242 (-0.9%) |
0.64 |
4,172 |
2021-12-01 |
$245,000 (3.2%) |
$341,859 (1.8%) |
0.65 |
3,504 |
2022-01-01 |
$249,000 (1.3%) |
$344,529 (0.9%) |
0.66 |
3,021 |
2022-02-01 |
$266,450 (5.8%) |
$350,583 (0.9%) |
0.68 |
2,852 |
2022-03-01 |
$274,950 (6.0%) |
$353,273 (0.9%) |
0.68 |
2,949 |
2022-04-01 |
$273,900 (4.4%) |
$342,727 (-5.0%) |
0.64 |
3,126 |
St. Louis's median listing price for 2022-04-01 was $273,900, a difference of
$11,563
(4.4%) versus the prior year and
$-1,050 versus the prior month.
St. Louis's median listing price comes in at 64% of the national average.
St. Louis's average listing price for 2022-04-01 was $342,727, a difference of
$-17,944
(-5.0%) versus the prior year and
$-10,546 versus the prior month.
For the 2022-04-01 period, St. Louis had 3,126 MLS listings, a difference of
177 listings
(6%)
versus the prior month and
-464 listings
(-13%)
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 |
87 days |
1,677 sqft |
2018-02-01 |
82 days |
1,692 sqft |
2018-03-01 |
59 days |
1,746 sqft |
2018-04-01 |
58 days |
1,772 sqft |
2018-05-01 |
57 days |
1,782 sqft |
2018-06-01 |
54 days |
1,768 sqft |
2018-07-01 |
57 days |
1,753 sqft |
2018-08-01 |
58 days |
1,743 sqft |
2018-09-01 |
63 days |
1,728 sqft |
2018-10-01 |
66 days |
1,715 sqft |
2018-11-01 |
69 days |
1,699 sqft |
2018-12-01 |
80 days |
1,680 sqft |
2019-01-01 |
92 days |
1,661 sqft |
2019-02-01 |
89 days |
1,717 sqft |
2019-03-01 |
69 days |
1,741 sqft |
2019-04-01 |
57 days |
1,749 sqft |
2019-05-01 |
56 days |
1,764 sqft |
2019-06-01 |
57 days |
1,771 sqft |
2019-07-01 |
59 days |
1,765 sqft |
2019-08-01 |
58 days |
1,756 sqft |
2019-09-01 |
63 days |
1,745 sqft |
2019-10-01 |
65 days |
1,736 sqft |
2019-11-01 |
70 days |
1,720 sqft |
2019-12-01 |
82 days |
1,692 sqft |
2020-01-01 |
90 days |
1,674 sqft |
2020-02-01 |
88 days |
1,708 sqft |
2020-03-01 |
63 days |
1,753 sqft |
2020-04-01 |
60 days |
1,788 sqft |
2020-05-01 |
68 days |
1,823 sqft |
2020-06-01 |
69 days |
1,856 sqft |
2020-07-01 |
60 days |
1,856 sqft |
2020-08-01 |
57 days |
1,839 sqft |
2020-09-01 |
59 days |
1,843 sqft |
2020-10-01 |
57 days |
1,800 sqft |
2020-11-01 |
59 days |
1,763 sqft |
2020-12-01 |
70 days |
1,733 sqft |
2021-01-01 |
77 days |
1,736 sqft |
2021-02-01 |
74 days |
1,728 sqft |
2021-03-01 |
59 days |
1,730 sqft |
2021-04-01 |
55 days |
1,741 sqft |
2021-05-01 |
44 days |
1,712 sqft |
2021-06-01 |
42 days |
1,715 sqft |
2021-07-01 |
39 days |
1,720 sqft |
2021-08-01 |
41 days |
1,704 sqft |
2021-09-01 |
46 days |
1,684 sqft |
2021-10-01 |
49 days |
1,646 sqft |
2021-11-01 |
50 days |
1,618 sqft |
2021-12-01 |
58 days |
1,612 sqft |
2022-01-01 |
63 days |
1,600 sqft |
2022-02-01 |
59 days |
1,626 sqft |
2022-03-01 |
45 days |
1,663 sqft |
2022-04-01 |
40 days |
1,665 sqft |
St. Louis's median listing age (time on market) for 2022-04-01 was 40 days.
This
is -27%
shorter
than the same period one year ago.
St. Louis's median square footage for active listings during the 2022-04-01 period was
1,665 sqft. One year prior, the average listing was
1,741 sqft.
FHA Loan Requirements
Borrowers must have a steady employment history or worked for the same employer for the past two years.
Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a
mortgage in your state.
Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
New FHA loans are only available for primary residence occupancy.
Borrowers must have a property appraisal from a FHA-approved appraiser.
Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance)
needs to be less than 31 percent of their gross income, typically. You may be able to get approved
with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they
believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment,
student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to
get approved with as high a percentage as 50 percent.
Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5
percent.
Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down
payment of 10 percent.
Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can
be made.
Typically borrowers must be three years out of foreclosure and have re-established good credit.
The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet
these standards and a seller will not agree to the required repairs, your only option is to pay for the required
repairs at closing (to be held in escrow until the repairs are complete).