Market Overview
Home Prices in Saint Louis, MI
The median home value in Saint Louis, MI is $167,766 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.3% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Saint Louis are priced59% below average. Saint Louis is part of the Alma, MI metro area.
Over the past five years, Saint Louis home values have risen by approximately16.4%, reflecting steady appreciation in this market.
Price History
Saint Louis Home Price Trend
City Comparison
Saint Louis vs. National Median
At $167,766, homes in Saint Louis cost 59% below the national median of $410,000. This makes Saint Louis a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Saint Louis?
20% Down Payment
$33,553
on $167,766
Monthly P&I
$875/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,111/mo
incl. taxes & insurance
Income Needed
$44,440
gross annual (30% rule)
10% Down Option
$16,777
+ PMI applies
Loan Amount (20% dn)
$134,213
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Saint Louis, MI?
The median home value in Saint Louis is $167,766 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.3% year-over-year.
How much have home prices changed in Saint Louis?
Over the past year, home values in Saint Louis have increased by 5.3%. Over five years, prices have risen approximately 16.4%.
How much do I need to earn to buy a home in Saint Louis?
To comfortably afford the median home price of $167,766 with a 20% down payment ($33,553) at today's rates (6.8%), you'd need a gross annual income of approximately $44,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Saint Louis compare to the national average home price?
The national median home value is approximately $410,000. At $167,766, homes in Saint Louis are 59% below the national average.
What metro area is Saint Louis part of?
Saint Louis is part of the Alma, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.