Cahokia, IL—62206
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cahokia, IL
As of Oct '25, the median home price in Cahokia, IL is $50,000, with a year-over-year change of -1.3%. This indicates that home prices in Cahokia, IL are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $50,000 | -1.3% |
| Single Family | $50,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $51,000 | -1.9% |
3 Bed | $62,000 | -4.6% |
4 Bed | $77,000 | -4.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cahokia, IL
As of July '25, Rentcast reports the average rent in Cahokia, IL is $1,250, with a year-over-year rent change of 11.6%. Per bedroom, the median rent as of July '25 in Cahokia, IL is 2-bedrooms: $1,020, 3-bedrooms: $1,250, 4-bedrooms: $1,440. The most common rental property sizes in Cahokia, IL are 2-bedroom and 3-bedroom, accounting for 40.2% and 31.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,000 | $1,020 |
| 3 Bed Rent | $1,250 | $1,250 |
| 4 Bed Rent | $1,350 | $1,440 |
% of Rental Stock
Property Listings — Cahokia, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Cahokia, IL is 40. This is a decrease of -13.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $78,500 | 30.0% |
Listing Count | 105 | 46.0% |
| Listings as % of Homes | 0.7% | 46.0% |
Days on Market | 40 | -13.0% |
Demographics — Cahokia, IL
As of the latest ACS Survey released in 2023, Cahokia, IL has a population of 13,200, which has decreased by -13.0% over the past 5 years. Cahokia, IL is a popular place for families, as children make up 32.6% of the population. The area has a poorly educated workforce, with 11.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,200 | -13.0% |
% Under 18 | 32.6% | 24.0% |
% Seniors | 12.5% | 22.5% |
% WFH | 4.7% | 74.1% |
% w/ College Degree | 11.6% | 50.6% |
As of the latest ACS Survey released in 2023, Cahokia, IL is a predominantly black area, with 59.7% of the population identifying as black. The black population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Cahokia, IL is white, making up 29.3% of the population. Foreign-born residents account for 1.5% of the population in Cahokia, IL, and this percentage has increased by 7.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 29.3% | -15.8% |
% Black | 59.7% | -2.0% |
% Hispanic | 2.7% | 440.0% |
% Asian | 2.0% | 11.1% |
% Foreign Born | 1.5% | 7.1% |
Mortgage and Risk — Cahokia, IL
According to HUD data as of 2023, there were 69 mortgage originations in Cahokia, IL, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Cahokia, IL. Investor activity is high, as 16.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 69 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 16.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Cahokia, IL
Cahokia, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 608 |
Total Units Section 8 | 608 |
% Rentals under Section 8 | 30.4% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | $200 | $1,000 | $1,200 |
| 3 Bedroom | $300 | $1,250 | $1,550 |
| 4 Bedroom | $430 | $1,350 | $1,780 |
Affordability — Cahokia, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.2 |
| Median Home Price | $50,000 |
| Median Household Income | $39,500 |