The housing median value in 62203 East St. Louis, IL is $73,900, which is much lower than the US house median value of $338,100. However, the 1 year house appreciation in this area is 10.25%, which is higher than the US average of 8.27%. This suggests that 62203 East St. Louis, IL may be a good investment for potential homeowners looking to appreciate their investment over time. Despite a lower median housing value, property values in this area are still increasing at a steady rate and could be a good choice for people interested in buying property at an affordable price.
The median home cost in East St. Louis (zip 62203) is $73,900. Home appreciation the last 10 years has been 42.4%. Home Appreciation in East St. Louis (zip 62203) is up 12.4%.
Average Age of Homes
- The median age of East St. Louis (zip 62203) real estate is 61 years old
The Rental Market in East St. Louis (zip 62203)
- Renters make up 27.7% of the East St. Louis (zip 62203) population
- 1.3% of houses and apartments in East St. Louis (zip 62203), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.