Existing Housing & Retail Development OVERVIEW
Lake St. Louis has traditionally been known as a residential community. In recent years, significant retail development has occurred with the Shoppes at Hawk Ridge opening in 2006 and the Meadows opening in 2008. This section will review existing data and trends in housing and retail development in the City.
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HOUSING VALUE
Lake Saint Louis includes housing at a variety of middle- and upper-class price points. There are very few “starter homes� valued at $100,000 or less, but at the other end of the distribution, there are also few very high value housing units worth $500,000 or more. The median home in Lake Saint Louis is valued at $247,000, which compares favorably to the county ($207,000) and the region as a whole ($187,000). Over one-third of homes in Lake Saint Louis fall in the $200,000 to $300,000 price range.