Market Intelligence · IL / East St. Louis

East St. Louis, IL 62203 Housing Market

The typical home in East Saint Louis, IL 62203 is valued at $38,863, down 2.4% over the past year. The median list price stands at $29,925, with homes spending a median of 176 days on market as of September 2026.

Updated September 2026Median value$39K

The median home value in East St. Louis, IL 62203 is $39K as of September 2026, down 2.4% 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 62203 range

$36K to $42K

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

-2.4% over 12 months

Sep 2025$40K

Low $38KHigh $41K

Sep 2026$39K

The numbers

What is the 62203 housing market like?

As of September 2026

Typical home value

$39K

2.4%YoY

Median list price

$30K

0.1%MoM

Days on market

176

4.8%MoM

Homes for sale

12.5%MoM

Price cuts

0.0%

New listings

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

The outlook

62203 housing market forecast 2027

+0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 62203 to rise 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 62203 fell 2.4%, per the Zillow Home Value Index.

Will home prices drop in 62203?

Zillow's forecast does not call for a drop: it expects typical home values in 62203 to rise 0.5% by September 2027, after a 2.4% 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 62203 home prices compare?

62203$38,863
East Saint Louis$38,975
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 (East Saint Louis: 6 ZIPs; Illinois: 1,084 ZIPs; United States: 26,262 ZIPs).

Context

East Saint Louis's housing market reflects modest inventory and extended selling timelines. As of September 2026, there are 9 homes for sale in the ZIP code. The typical home value has declined 2.4% year over year, settling at $38,863. Homes are taking 176 days on average to sell. For sellers, the combination of declining values and long market exposure suggests pricing competitively and being realistic about timeline expectations.

Monthly payment

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Home price

Down payment20% · $7,773

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Common questions

What people ask us.

How much is a home in 62203 worth?

The typical home value in East Saint Louis is $38,863 as of September 2026. Values have fallen 2.4% over the past year.

How long do homes take to sell here?

Median days on market is 176 as of September 2026.

What are homes listed for?

The median list price is $29,925 as of September 2026.

Discover

Nearby ZIP markets.

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