ST. LOUIS – Homes in the tornado-impact zone of the St. Louis region that were largely undamaged could see a sharp price drop in the coming months, according to the Federal Reserve. But that steep decline could possibly be short-lived.
The Federal Reserve Bank of St. Louis released an economy blog report Monday, comparing damage from St. Louis’ May 16, 2025, tornado to a widespread March 2023 tornado that swept through Little Rock, Arkansas.
In both cases, some homes were largely undamaged within close proximity to destroyed homes…