The housing market in Edwardsville, IL (62025) is quite competitive. The median value of a home in the area is $260,900, which is significantly lower than the US median value of $338,100. While this offers a good opportunity for potential buyers, the 1 year house appreciation rate in Edwardsville is only 7.96%, slightly lower than the US average of 8.27%. Nonetheless, these figures suggest that it could be a good time to invest in the local housing market as prices are expected to steadily increase in the near future.
The median home cost in Edwardsville (zip 62025) is $260,900. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Edwardsville (zip 62025) is up 10.0%.
Average Age of Homes
- The median age of Edwardsville (zip 62025) real estate is 39 years old
The Rental Market in Edwardsville (zip 62025)
- Renters make up 22.5% of the Edwardsville (zip 62025) population
- 1.3% of houses and apartments in Edwardsville (zip 62025), 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.