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May 20267 minDan White

House Flipping in St. Louis: 2026 Market Guide

St. Louis is a high-volume flip market with some of the lowest entry prices among major US metros. The large supply of distressed brick homes, consistent rental demand from a major university population, and improving neighborhoods create a reliable investor environment.
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Market Context

Live Market Data
Washington, DC Housing Market
Cool Market
Data through Mar 2026
Median Sale Price
$590,000
+0.8% YoY
Median Days on Market
44 days
lower = faster market
Sale-to-List Ratio
99.7%
buyers' market
Homes Sold
4,457
last reported month
Source: Redfin Data Center. Updated monthly. Data reflects Washington, DC residential sales. redfin.com

The St. Louis Opportunity

St. Louis has a clear split between appreciating inner-ring neighborhoods close to Forest Park, Washington University, and Cortex — and outer neighborhoods with lower demand. The inner ring offers consistent flip exits. Buy in the path of improvement and your ARV thesis is sound.

Best Neighborhoods for Flippers

Brick Home Rehab

St. Louis is a brick city. Tuckpointing, lintel replacement, and brick repair are standard line items that many out-of-market investors underestimate. Budget $5k–$15k for tuckpointing on older brick homes depending on condition. Interior plaster walls are common — skim coat repair is less expensive than full drywall replacement and preserves period character that buyers value.

Typical Flip Numbers

Entry-level St. Louis flips run $50k–$90k purchase, $45k–$70k rehab, ARVs of $180k–$280k. Net profit after all costs runs $25k–$50k. Volume is the key — many St. Louis flippers do 8–15 deals per year because the lower ARVs reward throughput more than holding for maximum margin.

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Dan White is a licensed Virginia real estate agent at Pearson Smith Realty and founder of FreeDealCalc.com. He has been investing in Northern Virginia real estate for 20+ years.