The housing market in 62204 East St. Louis, IL is a great example of a dynamic and fast-growing market. The median house value in this area is $50,500, which is significantly lower than the US median value of $338,100. Despite this discrepancy, the one year appreciation rate for houses in this area is higher than the national average at 10.25%. This could be indicative of a rising market that could potentially continue to increase over time, making it an ideal area for those interested in investing in real estate.
The median home cost in East St. Louis (zip 62204) is $50,500. Home appreciation the last 10 years has been 42.4%. Home Appreciation in East St. Louis (zip 62204) is up 12.4%.
Average Age of Homes
- The median age of East St. Louis (zip 62204) real estate is 63 years old
The Rental Market in East St. Louis (zip 62204)
- Renters make up 43.4% of the East St. Louis (zip 62204) population
- 2.5% of houses and apartments in East St. Louis (zip 62204), 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.