63125, Saint Louis, MO

Saint Louis, Missouri is a city located in the Midwestern United States. The population of Saint Louis was 1,197,545 as of the 2010 census. The 63125 zip code covers much of the eastern side of Saint Louis and includes many affluent neighborhoods such as Clayton, Florissant Valley, and University City. Home prices in this area have increased significantly in recent years and are now some of the highest in the entire country.

The average home price in Saint Louis County as of September 2016 was $269,000 according to Zillow. This represents a growth rate of over 10% over the past year and a half. In 63125 specifically, home prices have grown by an even more impressive 27%. This is especially notable when you consider that this area has seen very little growth overall over that time period.

One reason for this high demand for homes in this area is likely due to its relatively low unemployment rate (4%). Additionally, many people who live here are likely wealthy enough to afford these high prices without having to worry about major financial constraints. Another factor that may be contributing to these high home values is Saint Louis’s strong economy. According to Forbes magazine, the city has been ranked number one on their list of “America’s Best Cities for Jobs” for six consecutive years now. This strong economy may be attracting new residents and businesses who are looking for quality housing options close to their work locations.

Despite all these positive factors, there are also some potential risks associated with buying a home in this area. For example, there is a greater chance that you will experience some type of property damage if you live in an areas with higher levels of crime or if your neighborhood experiences an unexpected burst of development activity (e.g., new construction projects). Additionally, while it is generally easier than ever before to get a loan approval these days, there is always a risk that something could come up during your mortgage application process which would prevent you from being approved at all or would result in an increased borrowing cost. Overall though, it seems clear that home values continue to rise rapidly throughout much of Saint Louis County and 63125 specifically – making it an increasingly attractive option for those looking for investment or primary residence properties."