Housing in 62207 East St. Louis, IL is significantly more affordable than the national average, with a median value of $57,600 compared to the US median value of $338,100. This affordability has been further compounded in the past year as the US housing market has seen an appreciation of 8.27%, while houses in East St. Louis have appreciated by 10.25%. This means that buying property in this area provides a unique opportunity to purchase a home at an even lower cost than currently available and benefit from an investment that will appreciate over time.
The median home cost in East St. Louis (zip 62207) is $57,600. Home appreciation the last 10 years has been 42.4%. Home Appreciation in East St. Louis (zip 62207) is up 12.4%.
Average Age of Homes
- The median age of East St. Louis (zip 62207) real estate is 54 years old
The Rental Market in East St. Louis (zip 62207)
- Renters make up 48.4% of the East St. Louis (zip 62207) population
- 0.9% of houses and apartments in East St. Louis (zip 62207), 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.