How much is a home in 62220 worth?

The typical home value in 62220 is $153,116, down 0.1% over the past year. The median list price is $137,000.

How long does it take to sell a home in 62220?

Homes in 62220 spend a median of 59 days on market. About 27.8% of current listings have had a price cut.

Is the 62220 market competitive right now?

There are 57 homes for sale with 28 new listings, and values are down 0.1% over the past year. That points to a market with room for negotiation rather than one with heavy competition.

Market Intelligence · IL / Belleville

Belleville, IL 62220 Housing Market

The typical home in Belleville's 62220 ZIP code is valued at $153,116, down 0.1% over the past year. The median list price sits at $137,000, and homes spend a median of 59 days on market before selling.

Updated August 2026Median value$153K

The median home value in Belleville, IL 62220 is $153K as of August 2026, down 0.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 62220 range

$141K to $165K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.1% over 12 months

Aug 2025$153K

Low $153KHigh $156K

Aug 2026$153K

The numbers

What is the 62220 housing market like?

As of August 2026

Typical home value

$153K

0.1%YoY

Median list price

$137K

2.1%MoM

Days on market

40.5%MoM

Homes for sale

1.7%MoM

Price cuts

27.8%

79.2%MoM

New listings

17.6%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 62220 home prices compare?

62220$153,116
Belleville$182,973
Illinois$197,608
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Belleville: 4 ZIPs; Illinois: 1,084 ZIPs; United States: 26,265 ZIPs).

Context

There are 57 homes for sale in 62220 as of 2026-08-01, with 28 new listings adding to supply. The median list price of $137,000 runs below the typical home value of $153,116, and the typical value has slipped 0.1% over the past year. About 27.8% of listings have taken a price cut, and the median days on market is 59. For a seller, this reads as a flat market where pricing close to what buyers will actually pay matters more than testing a high number.

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