Property Values | St. Louis Public Radio

Property Values

Paul Knittel | flickr

The assessed value of residential homes in St. Louis County has shot up an average of 7 percent since 2015 — the county’s strongest showing in almost a decade. St. Louis’ numbers beat the county: a nearly 12 percent increase in the same time frame.

Experts say it’s a sign the region has recovered from the economic downturn of the late 2000s.

(via Flickr/_J_D_R)

St. Charles County residents will be receiving their property value assessments next month, preliminary numbers show that overall residential values have slid downward over the past two years.

County Assessor Scott Shipman says in general, residential property values are down about 4 percent.

He says foreclosures and new developments that were left vacant during the recession are largely to blame for the overall decline.  

J_D_R / Flickr

The median residential property value in St. Louis County declined 7 percent over the past two years, according to preliminary numbers released this afternoon.

St. Louis County Assessor Jake Zimmerman says the numbers show that property values in wealthier areas held steady or only had slight declines, but areas with clusters of foreclosures saw the median property value drop by 12 percent.

(A full chart of how different areas compared is below)