Market Intelligence · IL / Belleville

Belleville, IL 62223 Housing Market

In Belleville's 62223 ZIP, the typical home value is $181,559, up 0.8% over the past year. The median list price stands at $189,950, and homes are spending a median of 45 days on the market.

Updated August 2026Median value$182K

The median home value in Belleville, IL 62223 is $182K as of August 2026, up 0.8% 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.

Get a cash offer

Sell without the wait

Sell your Belleville home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 62223 range

$167K to $196K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 62223 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Belleville, IL.

12-month value trend

+0.8% over 12 months

Typical home value in 62223 over the last 12 months: $180K in Aug 2025 to $182K in Aug 2026 (+0.8%).

Aug 2025$180K

Aug 2026$182K

The numbers

What is the 62223 housing market like?

Typical home value

$182K

Up0.8%YoY

Median list price

$190K

Down2.3%MoM

Days on market

45

Flat0.0%MoM

Homes for sale

51

Up6.3%MoM

Price cuts

21.1%

Down12.4%MoM

New listings

28

Down30.0%MoM

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

Free home value report

See what your 62223 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 62223 home prices compare?

  • 62223$181,559
  • 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

The 62223 market is moving at a measured pace. There were 51 homes for sale as of 2026-08-01, with 28 new listings coming on the market. Homes are taking a median of 45 days to sell, and the typical home value of $181,559 has risen just 0.8% over the past year. Meanwhile, 21.1% of listings have taken a price cut. For sellers, that points to a stable but not fast-moving market where pricing right from the start matters.

Monthly payment

Estimate your monthly payment.

20% · $36,312

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.