Market Intelligence · IL / Belleville

Belleville, IL 62220 Housing Market

Belleville homes are valued at a median of $153,051, which is down 0.5% over the past year. The median list price sits at $142,675, and homes typically spend 60 days on market before selling.

Updated September 2026Median value$153K

The median home value in Belleville, IL 62220 is $153K as of September 2026, down 0.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with 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

-0.5% over 12 months

Sep 2025$154K

Low $153KHigh $156K

Sep 2026$153K

The numbers

What is the 62220 housing market like?

As of September 2026

Typical home value

$153K

0.5%YoY

Median list price

$143K

4.1%MoM

Days on market

1.7%MoM

Homes for sale

7.0%MoM

Price cuts

23.4%

15.7%MoM

New listings

28.6%MoM

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

The outlook

62220 housing market forecast 2027

+2.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 62220 to rise 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in 62220 fell 0.5%, per the Zillow Home Value Index.

Will home prices drop in 62220?

Zillow's forecast does not call for a drop: it expects typical home values in 62220 to rise 2.1% by September 2027, after a 0.5% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 62220 home prices compare?

62220$153,051
Belleville$181,278
Illinois$194,737
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Belleville: 4 ZIPs; Illinois: 1,084 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 61 homes for sale in 62220, with 36 new listings entering the market. Homes are taking two months to sell on average, and nearly a quarter of the listings, or 23.4%, have already been reduced. The value decline over the past year combined with the proportion of price cuts signals a market where buyers have leverage. If you're considering selling, expect a patient buyer pool and plan accordingly.

Monthly payment

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Home price

Down payment20% · $30,610

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in Belleville 62220?

The typical home value is $153,051, down 0.5% over the past year as of September 2026.

How long do homes stay on market in 62220?

The median days on market is 60 as of September 2026.

What share of homes have had their price reduced?

As of September 2026, 23.4% of listings in Belleville 62220 have a price cut.

Discover

Nearby ZIP markets.

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