Edwardsville, IL—62025
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Edwardsville, IL
As of Oct '25, the median home price in Edwardsville, IL is $319,000, with a year-over-year change of 3.1%. This indicates that home prices in Edwardsville, IL are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $319,000 | 3.1% |
| Single Family | $320,000 | 2.9% |
| Condos | $225,000 | 3.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $305,000 | 3.4% |
2 Bed | $194,000 | 4.3% |
3 Bed | $283,000 | 3.3% |
4 Bed | $383,000 | 3.0% |
| 5 Bed | $518,000 | 2.4% |
% of Housing Stock
Rental Trends — Edwardsville, IL
As of July '25, Rentcast reports the average rent in Edwardsville, IL is $1,700, with a year-over-year rent change of -9.1%. Per bedroom, the median rent as of July '25 in Edwardsville, IL is studios: $1,400, 1-bedrooms: $1,560, 2-bedrooms: $1,510, 3-bedrooms: $2,110, 4-bedrooms: $1,660. The most common rental property sizes in Edwardsville, IL are 2-bedroom and 3-bedroom, accounting for 54.2% and 20.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,540 | $1,700 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,650 | $1,560 |
| 2 Bed Rent | $1,450 | $1,510 |
| 3 Bed Rent | $2,000 | $2,110 |
| 4 Bed Rent | $749 | $1,660 |
% of Rental Stock
Property Listings — Edwardsville, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Edwardsville, IL is 51. This is a decrease of -27.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $416,000 | -6.0% |
Listing Count | 114 | 6.0% |
| Listings as % of Homes | 0.6% | 6.0% |
Days on Market | 51 | -27.0% |
Demographics — Edwardsville, IL
As of the latest ACS Survey released in 2023, Edwardsville, IL has a population of 36,200, which has increased by 5.4% over the past 5 years. Edwardsville, IL is a moderately popular place for families, as children make up 21.9% of the population. The area has a highly educated workforce, with 52.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,200 | 5.4% |
% Under 18 | 21.9% | 7.9% |
% Seniors | 14.4% | 14.3% |
% WFH | 13.7% | 110.8% |
% w/ College Degree | 52.5% | 15.4% |
As of the latest ACS Survey released in 2023, Edwardsville, IL is a predominantly white area, with 87.4% of the population identifying as white. The white population has grown by 3.7% in the last 5 years. The second most common race or ethnicity in Edwardsville, IL is black, making up 5.5% of the population. Foreign-born residents account for 2.6% of the population in Edwardsville, IL, and this percentage has decreased by 36.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.4% | 3.7% |
% Black | 5.5% | -34.5% |
% Hispanic | 3.3% | 6.5% |
% Asian | 1.5% | -16.7% |
% Foreign Born | 2.6% | -36.6% |
Mortgage and Risk — Edwardsville, IL
According to HUD data as of 2023, there were 724 mortgage originations in Edwardsville, IL, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Edwardsville, IL. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 724 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Edwardsville, IL
As of 2024, the percent of homes in Edwardsville, IL under the Section 8 program is 2.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Edwardsville, IL, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 103 |
Total Units Section 8 | 93 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 91.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$600 | $1,650 | $1,050 |
| 2 Bedroom | -$150 | $1,450 | $1,300 |
| 3 Bedroom | -$320 | $2,000 | $1,680 |
| 4 Bedroom | $1,181 | $749 | $1,930 |
Affordability — Edwardsville, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $319,000 |
| Median Household Income | $103,000 |