Market Intelligence · IL / East St. Louis

East St. Louis, IL 62203 Housing Market

The typical home value in East Saint Louis, IL 62203 is $41,766, down 1.1% over the past year. The median list price sits at $29,950, and homes spend a median of 168 days on market. That points to a slow, low-priced market.

Updated August 2026Median value$42K

The median home value in East St. Louis, IL 62203 is $42K as of August 2026, down 1.1% 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 62203 range

$38K to $45K

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

-1.1% over 12 months

Typical home value in 62203 over the last 12 months: $42K in Aug 2025 to $42K in Aug 2026 (-1.1%).

Aug 2025$42K

Aug 2026$42K

The numbers

What is the 62203 housing market like?

Typical home value

$42K

Down1.1%YoY

Median list price

$30K

Down20.1%MoM

Days on market

168

Up26.3%MoM

Homes for sale

8

Down11.1%MoM

Price cuts

28.6%

New listings

4

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

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The comparison

How do 62203 home prices compare?

  • 62203$41,766
  • East Saint Louis$41,629
  • 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 (East Saint Louis: 6 ZIPs; Illinois: 1,084 ZIPs; United States: 26,265 ZIPs).

Context

The East Saint Louis 62203 market is small and slow. Only 8 homes were for sale as of 2026-08-01, with 4 new listings coming on. The median list price of $29,950 sits well below the typical home value of $41,766, which is down 1.1% over the past year. Homes take a median of 168 days to sell, and 28.6% of listings have taken a price cut. For a seller, the honest read is that buyers here are in no hurry and price cuts are common, so expect a long wait unless the home is priced sharply from the start.

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