Market Intelligence · IL / Belleville

Belleville, IL 62223 Housing Market

The typical home in Belleville, IL 62223 is worth $180,196, up 0.3% over the past year. The median list price is $211,200, and homes typically spend 44 days on the market.

Updated September 2026Median value$180K

The median home value in Belleville, IL 62223 is $180K as of September 2026, up 0.3% 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.

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

$166K to $195K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

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

+0.3% over 12 months

Sep 2025$180K

Low $180KHigh $184K

Sep 2026$180K

The numbers

What is the 62223 housing market like?

As of September 2026

Typical home value

$180K

0.3%YoY

Median list price

$211K

11.2%MoM

Days on market

2.2%MoM

Homes for sale

2.0%MoM

Price cuts

26.4%

25.5%MoM

New listings

21.4%MoM

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

The outlook

62223 housing market forecast 2027

+2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 62223 to rise 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 62223 rose 0.3%, per the Zillow Home Value Index.

Will home prices drop in 62223?

Zillow's forecast does not call for a drop: it expects typical home values in 62223 to rise 2.3% by September 2027, after a 0.3% rise 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.

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$180,196
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

Belleville's market shows modest activity. There are 50 homes for sale as of September 2026, with 22 new listings entering the market. The median list price of $211,200 sits notably above the typical home value of $180,196, suggesting some listings may be priced optimistically. At 44 days on the market, homes are taking time to sell. If you're considering selling, the underlying value trend is slight, and you should price realistically to compete.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $36,039

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in Belleville, IL 62223?

The typical home value is $180,196 as of September 2026, up 0.3% over the past year.

How long do homes stay on the market in 62223?

The median days on market is 44 as of September 2026.

What share of homes have had price cuts?

As of September 2026, 26.4% of listings have had a price cut.

Discover

Nearby ZIP markets.

Keep reading