Housing in 62205 East St. Louis, IL is much more affordable than the national average. The median house value for the area is $73,700, compared to the US House Median Value of $338,100. Furthermore, the US House Appreciation rate is 8.27%, while East St. Louis has seen a 1 year appreciation rate of 10.25%. This means that housing in East St. Louis is becoming more valuable over time and presents an attractive investment opportunity for those looking to purchase a home in the area.
The median home cost in East St. Louis (zip 62205) is $73,700. Home appreciation the last 10 years has been 42.4%. Home Appreciation in East St. Louis (zip 62205) is up 12.4%.
Average Age of Homes
- The median age of East St. Louis (zip 62205) real estate is 64 years old
The Rental Market in East St. Louis (zip 62205)
- Renters make up 34.8% of the East St. Louis (zip 62205) population
- 2.1% of houses and apartments in East St. Louis (zip 62205), 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.