Is East Saint Louis, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, East Saint Louis was a Neutral Market.
Housing Prices in East Saint Louis, IL
How much do homes in East Saint Louis, IL cost?
Median Sold Price
$32,000
$30/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Saint Louis was $32,000 in April 2024, down 19% from last year, and the median price per square foot was $30.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $25.4K | N/A |
2 Bedrooms | $26K | $33.2K | +27.9% |
3 Bedrooms | $63.5K | $30K | -52.8% |
4 Bedrooms | $72.5K | $73.3K | +1.2% |
5+ Bedrooms | $49.9K | $30K | -39.9% |
Summary: East Saint Louis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.9%, 3 bedroom homes decreased by 52.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 39.9%.
Median Sold Price Compared To Nearby Cities
East Saint Louis | $39.5K | $32K | -19.0% |
East Saint Louis Township | $39.5K | $32K | -19.0% |
Housing Supply in East Saint Louis, IL
How many homes are available in East Saint Louis, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 23 | -4.2% |
Summary: The East Saint Louis real estate market had 23 homes for sale in April 2024, a 4.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Saint Louis housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in East Saint Louis in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for East Saint Louis, IL
How long does it take to sell a home in East Saint Louis, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 26 Days | -7.4% |
Summary: Homes in East Saint Louis had an average of 26 days on market in Apr 2024, down by 7.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in East Saint Louis; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.