63130, Saint Louis, MO

Saint Louis, MO is a city that has seen its share of ups and downs over the years. However, one thing that has remained consistent is the home equity and home prices in the 63130 zip code. Over the past few years, Saint Louis has seen a steady increase in both home equity and home prices. In fact, according to Zillow, as of September 2017, the median home value in this zip code was $194,900. This represents an increase of 5% from 2016 and 12% from 2015.

One reason for this steady increase in home values may be due to the fact that Saint Louis is experiencing a resurgence in its economy. According to Forbes, as of September 2017, Saint Louis had been ranked as one of the top 10 cities in America for economic growth. This growth has led to an increased demand for housing stock and consequently an increase in home equity and home prices.

Another reason for the rise in home values may be due to low interest rates. According to Zillow, as of September 2017, interest rates were at historic lows which is likely contributing to increased demand for homes across all price points. Low interest rates are also likely helping homeowners who are refinancing their mortgages or who are looking to purchase a new house or condo.

Regardless of why these trends are happening, it's clear that Saint Louis residents have benefited greatly from increasing home equity andhome prices over recent years. If you're thinking about buying or selling a house or condo in this area, it's important to consult with a real estate agent who can help you understand these trends and make informed decisions about your investment