Glen Carbon, IL 62034 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Glen Carbon, IL—62034

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$319,000

4.6% YoY Growth

Household Income

$93,400

15.8% YoY Growth

Days on Market

10.0% Shorter YoY

Home Price Forecast

1.5%

Median Rent

$1,480

9.1% YoY Growth

1-Bed Rent

$1,020

29.4% YoY Growth

2-Bed Rent

$1,350

20.5% YoY Growth

3-Bed Rent

$2,000

3.0% YoY Growth

Home Price Trends — Glen Carbon, IL

As of Dec '25, the median home price in Glen Carbon, IL is $319,000, with a year-over-year change of 4.6%. This indicates that home prices in Glen Carbon, IL are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$319,000	4.6%
Single Family	$322,000	4.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Glen Carbon, IL

As of July '25, Rentcast reports the average rent in Glen Carbon, IL is $1,500, with a year-over-year rent change of -9.1%. Per bedroom, the median rent as of July '25 in Glen Carbon, IL is 1-bedrooms: $1,210, 2-bedrooms: $1,410, 3-bedrooms: $1,940, 4-bedrooms: $2,450. The most common rental property sizes in Glen Carbon, IL are 2-bedroom and 1-bedroom, accounting for 50.5% and 27.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,480	$1,500
Studio Rent	N/A	N/A
1 Bed Rent	$1,020	$1,210
2 Bed Rent	$1,350	$1,410
3 Bed Rent	$2,000	$1,940
4 Bed Rent	$2,450	$2,450

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% of Rental Stock

Studio

0.8%

1 Bedroom

27.2%

2 Bedrooms

50.5%

3 Bedrooms

19.0%

4 Bedrooms

2.4%

Property Listings — Glen Carbon, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Glen Carbon, IL is 44. This is a decrease of -7.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$449,000	28.0%
Listing Count	44	15.0%
Listings as % of Homes	1.0%	15.0%
Days on Market	47	-10.0%

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Demographics — Glen Carbon, IL

As of the latest ACS Survey released in 2023, Glen Carbon, IL has a population of 14,500, which has increased by 6.2% over the past 5 years. Glen Carbon, IL is a moderately popular place for families, as children make up 22.2% of the population. The area has a highly educated workforce, with 49.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,500	6.2%
% Under 18	22.2%	-6.7%
% Seniors	19.9%	-0.5%
% WFH	19.3%	175.7%
% w/ College Degree	49.4%	-7.1%

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As of the latest ACS Survey released in 2023, Glen Carbon, IL is a predominantly white area, with 83.0% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Glen Carbon, IL is black, making up 8.5% of the population. Foreign-born residents account for 1.6% of the population in Glen Carbon, IL, and this percentage has decreased by 61.9% 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	83.0%	-5.8%
% Black	8.5%	54.5%
% Hispanic	3.9%	105.3%
% Asian	0.7%	-68.2%
% Foreign Born	1.6%	-61.9%

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Mortgage and Risk — Glen Carbon, IL

Glen Carbon, IL lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Glen Carbon, IL

As of 2024, the percent of homes in Glen Carbon, IL under the Section 8 program is 0.4%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Glen Carbon, IL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	7
Total Units Section 8	7
% Rentals under Section 8	0.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$10	$1,020	$1,030
2 Bedroom	-$80	$1,350	$1,270
3 Bedroom	-$360	$2,000	$1,640
4 Bedroom	-$560	$2,450	$1,890

Glen Carbon, IL—62034

Key Metrics at a Glance

Home Price Trends — Glen Carbon, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Glen Carbon, IL

% of Rental Stock

Property Listings — Glen Carbon, IL

Demographics — Glen Carbon, IL

Race and Ethnicity

Mortgage and Risk — Glen Carbon, IL

Mortgages

Rentals and Section 8 — Glen Carbon, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Glen Carbon, IL

Home Price to Income Ratio

Glen Carbon, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Maryville, IL

Poag

Collinsville, IL

Edwardsville, IL

Troy, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$319,000
Median Household Income	$93,400

Glen Carbon, IL—62034

Key Metrics at a Glance

Home Price Trends — Glen Carbon, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Glen Carbon, IL

% of Rental Stock

Property Listings — Glen Carbon, IL

Demographics — Glen Carbon, IL

Race and Ethnicity

Mortgage and Risk — Glen Carbon, IL

Mortgages

Rentals and Section 8 — Glen Carbon, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Glen Carbon, IL

Home Price to Income Ratio

Glen Carbon, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Maryville, IL

Poag

Collinsville, IL

Edwardsville, IL

Troy, IL

Frequently Asked Questions

What is the average home price in Glen Carbon, IL 62034?

How have home prices in Glen Carbon, IL 62034 changed over the past year?

What is the home price projection for Glen Carbon, IL 62034?

What are the demographics of Glen Carbon, IL 62034?

How long does it take homes to sell in Glen Carbon, IL 62034?

What is the average rent price in Glen Carbon, IL 62034?