East Saint Louis, IL Home Values & Market Trends

Real estate market trends reflect that there have been 416 transactions over the past year in East Saint Louis. The median value for residential home transactions that occurred over the previous year is $40,803.49. The number of current listings in East Saint Louis is 25, and the percentage of properties for sale in the city is 25.00%. East Saint Louis, IL currently has 51 properties in foreclosure, 10 bank owned properties, 7 properties headed for auction, and 25 properties for sale.

East Saint Louis, IL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
62206

$ 46,238

$ 46/sqft

62201

$ 54,535

$ 38/sqft

62203

$ 47,758

$ 34/sqft

62204

$ --

$ --

62205

$ 65,000

$ 43/sqft

62202

$ --

$ --

62207

$ --

$ --

Housing Market Summary for East Saint Louis, IL

Apr 2023March 2024Change
Median Listing Price$27,900$38,78239.00%
Median Sold Price$40,461$38,782-4.15%
Homes For Sale132592.31%
Homes Sold366307-16.12%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in East Saint Louis, IL

East Saint Louis home values range from $17,271 to $1,061,930. The median estimated value of a home in East Saint Louis is $40,803.49. The median list price of a home is 50,000, and the total count of properties in the city is 11,467.

Foreclosure
There are 7 zips within East Saint Louis, IL; within these zips, the median estimated home value for homes in foreclosure ranges from $58,748 in 62204 to the lowest value of $23,122 in 62204. Foreclosure homes account for 0.00% of properties in East Saint Louis, IL with 62206 containing 34 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.30% of all residential properties in East Saint Louis, IL with 62206 containing 23 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 7 zips within East Saint Louis, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $103,493 in 62201 to the lowest home value of $23,122 in 62204.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in East Saint Louis, IL ranges from the highest value of $121,065 in 62207 to the lowest value of $25,151 in 62206. Bank owned homes and properties account for 0.09% of properties in East Saint Louis, IL. There are 7 zips within East Saint Louis, IL; 62206 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    62206 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of East Saint Louis, IL. Auction homes and other auction properties account for 0.06% of all properties in East Saint Louis, IL. There are 7 zips within East Saint Louis, IL; of those zips, the median estimated home value for homes going to auction ranges from $95,417 in 62207 to the lowest value of $25,697 in 62207.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.22% of residential properties in East Saint Louis, IL with 62206 containing 63 homes for sale, the highest number of listed properties in a single zip. There are 7 zips within East Saint Louis, IL; homes for sale in those zips, have a range of median values from $54,535 in 62201 to the lowest value of $21,390 in 62206.
    Sold Homes
    The median value for recently sold homes ranges from $171,776 in 62201 to the lowest price of $17,705 in 62201. There are 7 zips within East Saint Louis, IL. 62206 has 256 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.04% of properties in East Saint Louis, IL.

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      Guide for East Saint Louis, IL

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.