Saint Louis, MO Community Information

Saint Louis, MO Homes for Sale

Saint Louis Metro and Neighborhood Information

St. Louis has been, and still is, home to some of the nation's most famous landmarks, attractions and people. Known as 'The Gateway to the West' because of its location, St. Louis is home to the tallest man-made monument, The Gateway Arch. The Arch was erected in St. Louis in the mid-1960s to commemorate America's purchase and settlement of all lands west of the Mississippi River. In 1904, St. Louis also made history by becoming the first city in the U.S. to host the Olympic Games, which also coincided with the World's Fair. Forest Park was developed in conjunction with the Fair and today is home to the Municipal Theater, the oldest and largest outdoor theater in the U.S.

Baseball legend Yogi Berra was born and raised in one of the city's neighborhoods known as The Hill. The St. Louis Symphony Orchestra is the second oldest orchestra in the nation. The Lemp Mansion, a murder-mystery restaurant venue/theater/ bed and breakfast all rolled into one is also well known in St. Louis as a popular haunted site with many reported ghost sightings.

The list continues with historical references including the Cathedral Basilica of St. Louis, which contains the largest mosaic collection in the world. Headquarters for the company Energizer are located in the city as well as Anheuser-Busch, the largest brewery in the world. The Busch family has made quite an impact on the city with the 281 acre wildlife preserve Grant's Farm, named after president Ulysses S. Grant. Grant's Farm The city also boasts the Busch Stadium: home of the 2006 World Series winner, the St. Louis Cardinals (MLB). Another major sports team is the St. Louis Rams (NFL).

St. Louis neighborhoods have a large impact on the city. The neighborhood of Soulard is home to the second largest Mardi Gras festival in the nation. The Shaw neighborhood has the Missouri Botanical Gardens, Hortense Place has many mansions and the Downtown area is bursting life.

The city is full of so many activities for residents to participate in and has been a major draw for many residents. The 2006 Census reported 347,181 residents were housed in St. Louis. Forbes rated St. Louis as the Sixth Most Affordable U.S. Real Estate Market in the Nation, with median house prices at $134,400 in August 2007.

St. Louis homes are situated in a historical area that originated in the Louisiana Territory. St. Louis was first named after King Louis IX in 1678 and has retained that name ever since its purchase from France in 1803 during the Louisiana Purchase. In 1809, St. Louis became legally incorporated as a town and began to flourish as easy transportation through shipping navigation was discovered along the Missouri River.

Currently, the St. Louis real estate market is primed and ready for those wishing to live in a culturally diverse and historically significant city. Begin your St. Louis real estate search today to find the right home for you in this historical gem!

Sources:
http://en.wikipedia.org/wiki/St_Louis%2C_Missouri#Metropolitan_statistical_area
http://www.gatewayarch.com/Arch/info/arch.fact.aspx
http://www.city-data.com/county/St._Louis_County-MO.html
http://www.forbes.com/realestate/2007/08/01/homes-affordable-property-forbeslife-cx_mw_0802realestate_slide_7.html?thisSpeed=15000
http://stlouis.about.com/cs/familyactivities/a/grantsfarm.htm

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Saint Louis, MO Community Information

Population

940,864

Median Age

37.3

Median Household Income

$52,192

Households with Children

45.62%

Median Travel Time to Work

25 minutes

Saint Louis, MO Real Estate Market Information

Homes Owned

59.02%

Homes Rented

34.14%

Homes Vacant

6.84%

Saint Louis, MO Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

12:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Saint Louis, MO School Information

Elementary Schools

The Wilson School | 400 De Mun Ave
The St Michael School | 6345 Wydown Blvd
Forsyth School | 6235 Wydown Blvd
Bethel Lutheran School | 7001 Forsyth Blvd
St Roch School | 6040 Waterman Blvd
Our Lady Of Lourdes School | 7157 Northmoor Dr

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.