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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Edwardsville, IL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Edwardsville, IL Housing Market Trends

With a population of 26,654, 9,359 total housing units (homes and apartments), and a median house value of $328,352, Edwardsville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Edwardsville, accounting for 72.01% of the city's housing units. Other types of housing that are prevalent in Edwardsville include large apartment complexes or high rise apartments ( 18.44%), duplexes, homes converted to apartments or other small apartment buildings ( 6.77%), and a few row houses and other attached homes ( 2.78%).

The most prevalent building size and type in Edwardsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.71% owning and 41.29% renting.

There is a lot of housing in Edwardsville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Edwardsville built between 2000 and later ( 24.98%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.50%). There's also some housing in Edwardsville built before 1939 ( 16.47%).

Edwardsville Home Appreciation Rates

Edwardsville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Edwardsville during the period has been just 4.70%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Edwardsville's appreciation rate, at 6.15%, has been at or slightly above the national average. In the latest quarter, Edwardsville's appreciation rate has been 1.09%, which annualizes to a rate of 4.45%.

Relative to Illinois, our data show that Edwardsville's latest annual appreciation rate is lower than 70% of the other cities and towns in Illinois.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Edwardsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Edwardsville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Edwardsville real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$328,352

Edwardsville, IL Home Prices
> $1,318,000
$988,001 - $1,318,000
$659,001 - $988,000
$527,001 - $659,000
$395,001 - $527,000
$264,001 - $395,000
$132,001 - $264,000
$66,001 - $132,000
$0 - $66,000
2.3%
2.3%
1.1%
1.1%
5.8%
5.8%
11.3%
11.3%
19.4%
19.4%
23.4%
23.4%
28.3%
28.3%
6.1%
6.1%
2.2%
2.2%
0% 100.0%
% of Homes
High

for Illinois

High

for nation

Number of Homes And Apartments:

9,359

Edwardsville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,855 / per month

Homeownership Rate

Owners
Renters
58.7%
58.7%
41.3%
41.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.3%
7.3%
92.7%
92.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
25.0%
25.0%
38.0%
38.0%
20.5%
20.5%
16.5%
16.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
72.0%
72.0%
2.8%
2.8%
6.8%
6.8%
18.4%
18.4%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.5%
0.5%
6.5%
6.5%
28.5%
28.5%
33.8%
33.8%
22.5%
22.5%
8.2%
8.2%
0% 100.0%
% of Homes