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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Cahokia, IL Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Cahokia, IL Housing Market Trends

With 11,912 people, 4,660 houses or apartments, and a median cost of homes of $73,848, house prices in Cahokia are some of the most affordable in Illinois as well as the nation.

Single-family detached homes are the single most common housing type in Cahokia, accounting for 82.38% of the village's housing units. Other types of housing that are prevalent in Cahokia include large apartment complexes or high rise apartments ( 5.96%), duplexes, homes converted to apartments or other small apartment buildings ( 5.80%), and a few mobile homes or trailers ( 3.29%).

The most prevalent building size and type in Cahokia are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 47.73% owning and 52.27% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Cahokia's housing was primarily built during this period, from the '40s through the '60s. A full 60.02% of the village's housing hails from this era. Other housing ages represented in Cahokia include homes built between 1970-1999 ( 28.51%) and housing constructed between 2000 and later ( 7.02%). There's also some housing in Cahokia built before 1939 ( 4.45%).

Vacant housing appears to be an issue in Cahokia. Fully 26.90% of the housing stock is classified as vacant. Left unchecked, vacant Cahokia homes and apartments can be a drag on the real estate market, holding Cahokia real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Cahokia Home Appreciation Rates

Cahokia's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Cahokia during the period has been just 4.33%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Cahokia's appreciation rate, at 6.65%, has been at or slightly above the national average. In the latest quarter, Cahokia's appreciation rate has been -0.41%, which annualizes to a rate of -1.64%.

Relative to Illinois, our data show that Cahokia's latest annual appreciation rate is higher than 70% of the other cities and towns in Illinois.

Average Home Values

Median Home Value

$73,848

Cahokia, IL Home Prices
> $1,395,000
$1,046,001 - $1,395,000
$698,001 - $1,046,000
$558,001 - $698,000
$419,001 - $558,000
$279,001 - $419,000
$140,001 - $279,000
$70,001 - $140,000
$0 - $70,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.3%
0.3%
0.9%
0.9%
13.1%
13.1%
40.0%
40.0%
45.7%
45.7%
0% 100.0%
% of Homes
Very Low

for Illinois

Very Low

for nation

Number of Homes And Apartments:

4,660

Cahokia Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,418 / per month

Homeownership Rate

Owners
Renters
47.7%
47.7%
52.3%
52.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
26.9%
26.9%
73.1%
73.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.0%
7.0%
28.5%
28.5%
60.0%
60.0%
4.4%
4.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
82.4%
82.4%
2.6%
2.6%
5.8%
5.8%
6.0%
6.0%
3.3%
3.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.2%
0.2%
5.7%
5.7%
27.7%
27.7%
50.4%
50.4%
12.9%
12.9%
3.2%
3.2%
0% 100.0%
% of Homes