Market Intelligence · IL / East St. Louis

East St. Louis, IL 62206 Housing Market

The typical home value in East Saint Louis, IL 62206 is $52,621, down 2.7% over the past year. Sellers are listing at a median of $80,000, and homes are taking a median of 83 days to sell.

Updated August 2026Median value$53K

The median home value in East St. Louis, IL 62206 is $53K as of August 2026, down 2.7% 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 62206 range

$48K to $57K

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

-2.7% over 12 months

Typical home value in 62206 over the last 12 months: $54K in Aug 2025 to $53K in Aug 2026 (-2.7%).

Aug 2025$54K

Aug 2026$53K

The numbers

What is the 62206 housing market like?

Typical home value

$53K

Down2.7%YoY

Median list price

$80K

Down2.4%MoM

Days on market

83

Up9.2%MoM

Homes for sale

90

Up11.1%MoM

Price cuts

17.5%

Up60.0%MoM

New listings

36

Up38.5%MoM

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

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The comparison

How do 62206 home prices compare?

  • 62206$52,621
  • 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

There are 90 homes for sale in 62206 as of 2026-08-01, with 36 new listings added in the same period. The median list price of $80,000 sits well above the typical home value of $52,621, which has fallen 2.7% over the past year. Homes are moving slowly at a median of 83 days on market, and 17.5% of listings have already taken a price cut. For a seller, the honest read is that buyers have room to negotiate, so pricing realistically from the start matters more than aiming high.

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