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Market Intelligence · IL / East St. Louis

East St. Louis, IL 62207 Housing Market

The typical home in East Saint Louis, IL 62207 is worth $39,087, down 2.1% over the past year as of September 2026. Sellers are listing at a median price of $17,950, and homes take a median of 115 days to sell.

Updated September 2026Median value$39K

The median home value in East St. Louis, IL 62207 is $39K as of September 2026, down 2.1% 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 62207 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

-2.1% over 12 months

Typical home value in 62207 over the last 12 months: $40K in Sep 2025 to $39K in Sep 2026 (-2.1%).

Sep 2025$40K

Sep 2026$39K

The numbers

What is the 62207 housing market like?

Typical home value

$39K

Down2.1%YoY

Median list price

$18K

Down5.3%MoM

Days on market

115

Down6.5%MoM

Homes for sale

11

Up10.0%MoM

Price cuts

53.0%

New listings

0

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

The outlook

62207 housing market forecast 2027

+1.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 62207 to rise 1.0% by September 2027.

Over the 12 months through September 2026, typical home values in 62207 fell 2.1%, per the Zillow Home Value Index.

Will home prices drop in 62207?

Zillow's forecast does not call for a drop: it expects typical home values in 62207 to rise 1.0% by September 2027, after a 2.1% 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 62207 home prices compare?

  • 62207$39,087
  • 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

In East Saint Louis, IL 62207, the typical home value is $39,087, down 2.1% over the past year as of September 2026. There were only 11 homes for sale, so this is a thin market where a few listings can shape the numbers. The median list price sits at $17,950, well below the typical value, and homes spend a median of 115 days on market. More than half of active listings, 53.0%, have already taken a price cut. For a seller, this means pricing realistically from the start matters more than testing the market high.

Monthly payment

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20% · $7,817

Common questions

What people ask us.

How much is a home in 62207 worth?

The typical home value in East Saint Louis, IL 62207 is $39,087 as of September 2026, down 2.1% over the past year.

How long does it take to sell a home in 62207?

Homes in 62207 spend a median of 115 days on market as of September 2026.

Are sellers cutting prices in 62207?

Yes. As of September 2026, 53.0% of listings in 62207 had a price cut, and the median list price was $17,950.

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