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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
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'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.
$328,352
for Illinois
for nation
9,359
$1,855 / per month