Des Peres, MO Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Des Peres, MO Housing Market Trends

With a population of 8,697, 2,984 total housing units (homes and apartments), and a median house value of $480,767, Des Peres house prices are not only among the most expensive in Missouri, Des Peres real estate also is some of the most expensive in all of America.

Des Peres is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Des Peres than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Des Peres. Owner-occupied housing accounts for 94.90% of Des Peres's homes, and 79.52% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Des Peres built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Des Peres built between 1940-1969 ( 29.98%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.50%). There's also some housing in Des Peres built before 1939 ( 1.27%).

Des Peres Home Appreciation Rates

Appreciation rates for homes in Des Peres have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 37.11%, which ranks in the top 50% nationwide. This equates to an annual average Des Peres house appreciation rate of 3.21%.

Over the last year, Des Peres appreciation rates have trailed the rest of the nation. In the last twelve months, Des Peres's appreciation rate has been 3.38%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Des Peres were at 1.34%, which equates to an annual appreciation rate of 5.48%.

Relative to Missouri, our data show that Des Peres's latest annual appreciation rate is lower than 80% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$480,767

Des Peres, MO HOME PRICES

> $1,122,000
6.2%
6.2%
$842,001 - $1,122,000
8.3%
8.3%
$561,001 - $842,000
18.0%
18.0%
$449,001 - $561,000
28.0%
28.0%
$337,001 - $449,000
17.5%
17.5%
$225,001 - $337,000
11.8%
11.8%
$112,001 - $225,000
8.4%
8.4%
$56,001 - $112,000
0.8%
0.8%
$0 - $56,000
1.0%
1.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for MO

Value Relative To Nation

Number Of Homes And Apartments:
2,984

Des Peres Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
76.92% 2.72%
8
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,250 / per month

Homeownership Rate

Owners
94.9%
94.9%
Renters
5.1%
5.1%
Vacant
5.2%
5.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
11.5%
11.5%
1970 - 1999
57.3%
57.3%
1940 - 1969
30.0%
30.0%
1939 or Older
1.3%
1.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
98.8%
98.8%
Townhomes
0.2%
0.2%
Small Apt. Buildings
0.0%
0.0%
Apt. Complexes
0.7%
0.7%
Mobile Homes
0.3%
0.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.3%
0.3%
1 Bedroom
0.7%
0.7%
2 Bedrooms
4.6%
4.6%
3 Bedrooms
23.5%
23.5%
4 Bedrooms
56.0%
56.0%
5 or more bedrooms
14.9%
14.9%
0.0% 100.0%
% OF HOMES