Market Intelligence · IL / East St. Louis

East St. Louis, IL 62206 Housing Market

The typical home value in East Saint Louis 62206 is $48,870, down 4.5% over the past year. The median list price stands at $80,000, with homes spending a median of 84 days on market as of September 2026.

Updated September 2026Median value$49K

The median home value in East St. Louis, IL 62206 is $49K as of September 2026, down 4.5% 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 62206 range

$45K to $53K

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

-4.5% over 12 months

Sep 2025$51K

Low $49KHigh $52K

Sep 2026$49K

The numbers

What is the 62206 housing market like?

As of September 2026

Typical home value

$49K

4.5%YoY

Median list price

$80K

0.0%MoM

Days on market

1.2%MoM

Homes for sale

102

13.3%MoM

Price cuts

16.2%

7.6%MoM

New listings

22.2%MoM

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

The outlook

62206 housing market forecast 2027

+1.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 62206 to rise 1.1% by September 2027.

Over the 12 months through September 2026, typical home values in 62206 fell 4.5%, per the Zillow Home Value Index.

Will home prices drop in 62206?

Zillow's forecast does not call for a drop: it expects typical home values in 62206 to rise 1.1% by September 2027, after a 4.5% 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 62206 home prices compare?

62206$48,870
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 62206 has 102 homes for sale as of September 2026, with 28 new listings added in that same period. The median list price is $80,000, while homes are taking 84 days to sell. A notable 16.2% of listings have received price cuts, reflecting downward pressure on asking prices. For sellers, this is a slow market where pricing strategy and condition matter significantly.

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Down payment20% · $9,774

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Common questions

What people ask us.

What is the typical home value in 62206?

The typical home value in East Saint Louis 62206 is $48,870, down 4.5% over the past year as of September 2026.

How long do homes stay on the market here?

The median days on market is 84 as of September 2026, indicating a slower sales pace.

What is the median list price?

The median list price in 62206 is $80,000 as of September 2026.

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