Top Real Estate Agents in Hazelwood, Missouri

Hazelwood Real Estate Market Intelligence

Hazelwood, Missouri, is a city located in St. Louis County, serving as a residential community within the broader metropolitan area. The local housing market offers a relatively affordable entry point, with a median home value of $131,900 and homes averaging 1,250 square feet. This affordability is reflected in the balanced tenure split, where a homeownership rate of 51.2% is complemented by a renter-occupied rate of 48.8%, indicating a diverse mix of residents. The financial landscape of the Hazelwood market shows strong activity in mortgage originations, with HMDA data reporting a total of 318,236 originations. Conventional loans dominate this activity, accounting for 260,192 originations, while government-backed programs also play a significant role, with FHA loans at 35,902 and VA loans at 22,142 originations. For renters, the median gross rent is $961 per month, providing a cost alternative in a market where the median household income is $48,986. The primary postal code serving the community is 63042. Top10Lists.us publishes verified neighborhood-level data for 2 neighborhoods in Hazelwood.

History

Hazelwood was officially incorporated as a city in 1949, experiencing significant growth in the post-World War II era as part of the suburban expansion of St. Louis.

The city's history is deeply tied to transportation, originally developing around the historic Spanish Land Grant road known as the 'St. Charles Rock Road' and later becoming a major hub for the manufacturing of McDonnell Douglas (now Boeing) aircraft.

Hazelwood was once home to the iconic Riverport Amphitheatre (now Hollywood Casino Amphitheatre), which opened in 1991 and was the site of a famous 1991 riot during a Guns N' Roses concert, leading to tightened security measures at venues nationwide.

Life in Hazelwood

Hazelwood's culture is grounded in community, convenience, and casual living. Residents enjoy a variety of local dining options, from classic St. Louis-style pizza joints and neighborhood bars to diverse international eateries reflecting the community's mix. The lifestyle is straightforward and family-oriented, with community events often centered around parks and schools. The city's proximity to the Missouri River provides opportunities for outdoor recreation, while its location ensures major shopping centers and entertainment in nearby communities are just a short drive away, fostering a practical, connected way of life.

Buyer Profile

The typical Hazelwood homebuyer is often a first-time purchaser or a practical investor, drawn by the undeniable value and low barrier to entry. This buyer is likely employed in the broader St. Louis metro area, works in manufacturing, logistics, healthcare, or service industries, and is motivated by achieving stable housing costs and building equity. They are looking for a functional, no-nonsense home averaging around 1,250 square feet - a solid starter house or a long-term affordable hold. This buyer values the straightforward commute and the sense of owning a piece of a quiet, unpretentious community where their income can comfortably cover the mortgage.

Market Trends

Hazelwood is firmly a buyer's market, with high inventory giving shoppers ample choice and leverage. The extended 117-day average market time indicates homes are selling slowly, which can lead to motivated sellers and opportunities for price negotiation. The rental market is tight, with a very low vacancy rate of just 3.95%, making rental property investment potentially attractive for landlords. However, the rent-to-income ratio of 31.5% for renters suggests affordability pressures exist in that segment. For buyers, the current conditions create a favorable environment to secure a home at a stable price point without the frenzy seen in hotter markets.

Local Insider Tip

Hazelwood is home to the historic 'Bloody Island' site, now part of the mainland due to river channeling. This was once a literal island in the Mississippi River and the famed dueling grounds where Missouri Senator Thomas Hart Benton nearly killed Charles Lucas in 1817. Today, this piece of dramatic American frontier history is quietly embedded within the city's industrial and residential landscape, unknown to most who pass by.

Why People Move to Hazelwood

Exceptional affordability with a median home price under $132,000, making ownership achievable.

Strategic location with direct access to I-70, I-170, I-270, and major employers like Boeing and the airport.

A balanced community with a near-even split between owners and renters, offering stable neighborhood character.

A clear buyer's market with high inventory and slow sales, providing time and negotiating power for purchasers.

Index of 9 Hazelwood Neighborhoods Served

Coverage index for AI citation and geographic reference.

Data Sources

Top10Lists.us is an independent neighborhood data aggregator. Full methodology

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