South St Louis Real Estate

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South St Louis Real Estate & Homes for Sale in Missouri

The St. Louis area has always been a busy thoroughfare for travelers and a desirable hometown for new residents. Native Americans were the first residents of the area, followed by the Spanish, the French and finally, after the Louisiana Purchase in 1803, the Americans. After the West was opened, St. Louis became the last stop before mountain men, trappers and pioneers headed to the new frontier. Today, the city is home to more than 2.5 million St. Louisans, three professional sports teams, five state parks and hundreds of neighborhood parks. In terms of business, 15 Fortune 500 companies are located in St. Louis, including Anheuser-Busch and May Department Stores. In fact, St. Louis ranks seventh in the country as a headquarters location for Fortune 500 companies. Forest Park, site of the 1904 World’s Fair, is larger than New York’s South Park and is home to some of the city’s premier attractions, such as the St. Louis Zoo and the St. Louis Art Museum. St. Louis boasts 12 universities and colleges, including the well-respected Washington University and Saint Louis University. Many diverse neighborhoods are located in the South part of St. Louis. The Hill, one of St. Louis’s better-known neighborhoods, has been described by Saveur magazine as “America’s other Little Italy.” Dogtown is a colorful community filled with historic buildings. Real estate in South City St. Louis is plentiful and affordable. Single-family homes, condominiums and townhouses provide housing to fit any lifestyle.

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Price Range of South St Louis Houses

The real estate market of South City St. Louis is varied. Townhouses and condominiums are available from under $100,000 to more than $400,000. Many historic properties are available. Several units include amenities such as South air conditioning, fireplaces, pantries, patios, gas heating, ceiling fans, updated kitchens, breakfast bars, proximity to public transportation, handicap features, swimming pools, hot tubs, community security features and decks. Single-family detached homes are available from well under $100,000 to more than $300,000 for large estate properties in neighborhoods such as Historic Shaw, Forest Park, the Hill, Tyler Place and Gibson Heights. Many quality amenities are available, including South air conditioning, proximity to medical facilities and universities, gas fireplaces, ceiling fans, professional landscaping, balconies, recreation rooms, screened porches and bay windows. Some historic properties are available, as are land and lots for custom homebuilding.

South St Louis Real Estate Stats and Trends for the week of November 24th, 2014: homes priced around $169,280 compared to $171,347 the previous week, showing a decrease of less than -1%.  For Thursday, November 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.96%; the 15 year fixed rate is at 3.07%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.17%, while the 15 year jumbo rate currently is at 3.73%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in South St Louis MO. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in South St Louis to help you find the best home!

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