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Belleville, IL—62226

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$179,000
5.2% YoY Growth
Household Income
$66,000
20.6% YoY Growth
Days on Market
96
161.0% Longer YoY
Home Price Forecast
1.8%
Median Rent
$850
0.9% YoY Growth
1-Bed Rent
$780
14.2% YoY Growth
2-Bed Rent
$800
12.3% YoY Growth
3-Bed Rent
$1,400
17.9% YoY Growth

Other Zip Codes in Belleville, IL

62220
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Belleville, IL

As of Dec '25, the median home price in Belleville, IL is $179,000, with a year-over-year change of 5.2%. This indicates that home prices in Belleville, IL are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$179,0005.2%
Single Family $181,0005.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $69,000
    -2.8%
    2 Bed
    		$129,0007.5%
    3 Bed
    		$189,0006.8%
    4 Bed
    		$328,0004.1%
    5 Bed $423,0083.7%
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    % of Housing Stock

    Studio
    2.5%
    1 Bedroom
    12.3%
    2 Bedrooms
    29.6%
    3 Bedrooms
    34.9%
    4 Bedrooms
    15.5%
    5+ Bedrooms
    5.2%

    Rental Trends — Belleville, IL

    As of July '25, Rentcast reports the average rent in Belleville, IL is $1,110, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Belleville, IL is studios: $650, 1-bedrooms: $813, 2-bedrooms: $976, 3-bedrooms: $1,380, 4-bedrooms: $2,580. The most common rental property sizes in Belleville, IL are 2-bedroom and 1-bedroom, accounting for 45.2% and 30.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$850$1,110
    Studio Rent $650$650
    1 Bed Rent $780$813
    2 Bed Rent $800$976
    3 Bed Rent $1,400$1,380
    4 Bed Rent $2,000$2,580
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    % of Rental Stock

    Studio
    5.0%
    1 Bedroom
    30.4%
    2 Bedrooms
    45.2%
    3 Bedrooms
    17.2%
    4 Bedrooms
    2.1%
    5+ Bedrooms
    0.2%

    Property Listings — Belleville, IL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Belleville, IL is 94. This is a increase of 153.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$238,00092.0%
    Listing Count
    		13536.0%
    Listings as % of Homes0.7%36.0%
    Days on Market
    		96161.0%
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    Demographics — Belleville, IL

    As of the latest ACS Survey released in 2023, Belleville, IL has a population of 28,500, which has remained stable by -0.4% over the past 5 years. Belleville, IL is a moderately popular place for families, as children make up 19.6% of the population. The area has a moderately educated workforce, with 33.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		28,500-0.4%
    % Under 18
    		19.6%-3.9%
    % Seniors
    		18.0%1.7%
    % WFH
    		9.4%154.1%
    % w/ College Degree
    		33.1%11.8%
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    As of the latest ACS Survey released in 2023, Belleville, IL is a predominantly white area, with 64.4% of the population identifying as white. The white population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Belleville, IL is black, making up 24.5% of the population. Foreign-born residents account for 4.1% of the population in Belleville, IL, and this percentage has increased by 28.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		64.4%-9.3%
    % Black
    		24.5%12.9%
    % Hispanic
    		2.6%-23.5%
    % Asian
    		2.3%155.6%
    % Foreign Born
    		4.1%28.1%
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    Mortgage and Risk — Belleville, IL

    According to HUD data as of 2023, there were 263 mortgage originations in Belleville, IL, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Belleville, IL. Investor activity is low, as 8.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		263
    % Conventional Loans
    		65.0%
    % Government Loans
    		35.0%
    % Investor Loans
    		8.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Belleville, IL

    As of 2024, the percent of homes in Belleville, IL under the Section 8 program is 13.5%. 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 and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Belleville, IL, because HUD payments exceed market rent, while 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		679
    Total Units Section 8
    		561
    % Rentals under Section 8
    		13.5%
    % Occupied Section 8
    		82.3%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$100$780$880
    2 Bedroom$290$800$1,090
    3 Bedroom$10$1,400$1,410
    4 Bedroom-$360$2,000$1,640

    Affordability — Belleville, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.5
    Median Home Price$179,000
    Median Household Income$66,000

    Belleville, IL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Ogles, IL

    62223

    Fairview Heights, IL

    62208

    Belleville, IL

    62220

    Caseyville, IL

    62232

    East Saint Louis, IL

    62203

    Frequently Asked Questions