Last Update on Saint Louis foreclosures

Saint Louis Foreclosure Listings

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Foreclosure Market High, Resale Low in Saint Louis, MO

The number of foreclosures is very high compared to many other cities in Missouri, at about 3,000 as of August of 2010. Foreclosure listings, though, haven't been filled because the homes are just not selling. There are very large areas of the city that are under foreclosure and pre-foreclosure watch, at about 60%. The upside to this is that many foreclosure listings indicate very low prices for auctions and foreclosed homes. These homes mostly have a minimum listing amount of $6,000. Saint Louis, Missouri is a very large college community and the schools have a relatively low pupil to teacher in public and private K-12 schools of about 15 to 1.