Mortgage rates remain one of the biggest topics in real estate, and understandably so. A buyer entering the market today is borrowing in a very different environment than someone who purchased a home five years ago. But while higher rates have affected affordability and monthly payments, they have not brought the St. Louis County real estate market to a standstill.
📊 Central Corridor Housing Market Update
The Central Corridor continues to demonstrate long-term strength, with rising home values and increased sales activity across many of the area’s most sought-after neighborhoods. Rolling 12-month data reflects a market that remains healthy, competitive, and active.
✔️ Average sales price increased by 9%
✔️ Homes sold rose by 3.7%
University City is located in St. Louis County, just north of Clayton, northeast of Ladue and west of the Central West End.
Named “University City” for its proximity to Washington University, U. City (as it's known in STL) is known for its Delmar Loop, full of unique restaurants, shops and excellent music venues.
For many condo purchases, lenders now need a more comprehensive look at the condo project itself, including factors such as its financial health, reserves and potential property condition concerns.
Translation: a beautiful unit may not be the only thing standing between you and loan approval.
Just south of Ladue & Clayton, Missouri is the suburb of Brentwood. Its proximity to restaurants, shopping, event venues and some of St. Louis' best parks make it a popular choice for young families and empty-nesters alike! The city was voted #1 Best Place to Live in Missouri for 2026 by Niche.com!
📊 Central Corridor Housing Market Update
The Central Corridor continues to demonstrate long-term strength, with steady demand and resilient home values across many of the area's most sought-after neighborhoods. Rolling 12-month data reflects a market that remains balanced, competitive, and active.
✔️ Average sales price increased by 8%
✔️ Homes sold rose by 1.9%
Gladys Manion Real Estate is proud to welcome Victoria Ballard to our team of experienced St. Louis REALTORS®. An accomplished real estate professional with a client-first approach and extensive knowledge of the St. Louis market, Victoria brings valuable expertise and a passion for helping buyers and sellers achieve their goals. We recently sat down with her to learn more about her real estate journey, what inspired the move to Gladys Manion Real Estate, and the approach that guides every client relationship.
Clayton is located in the heart of St. Louis county, about 10 miles west of downtown St. Louis. It's considered the heart of the region's Central Corridor. It's central location provides convenient access to major highways, Forest Park, Washington University, and many of the area's top cultural attractions.
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