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Steady demand and user-driven development keep medical office vacancies low across St. Louis

CoStar Group releases a new quarterly medical office report for major markets across the US
At the end of 2024, SSM completed construction on this 66,000-square-foot outpatient facility. (CoStar)
At the end of 2024, SSM completed construction on this 66,000-square-foot outpatient facility. (CoStar)
CoStar Analytics
June 10, 2025 | 4:32 P.M.

Over the past decade, the medical office market has emerged as a distinct asset class, diverging from traditional office market fundamentals. This trend has been true across the country and in St. Louis. With roughly 15 million square feet of medical office inventory, the market has grown 8% over the past five years.

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