Edwardsville, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Edwardsville Neighborhoods Since 2000




Edwardsville, IL Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Edwardsville Housing Market Information

With 24,992 people, 8,577 houses or apartments, and a median cost of homes of $198,706, Edwardsville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Edwardsville, accounting for 78.27% of the city's housing units. Other types of housing that are prevalent in Edwardsville include large apartment complexes or high rise apartments ( 11.26%), duplexes, homes converted to apartments or other small apartment buildings ( 7.48%), and a few row houses and other attached homes ( 3.00%).

The most prevalent building size and type in Edwardsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.96% owning and 38.04% renting.

There is a lot of housing in Edwardsville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Edwardsville built between 1940-1969 ( 28.24%). A lesser amount of the housing stock also hails from before 1939 ( 17.46%). There's also some housing in Edwardsville built between 2000 and later ( 13.98%).

Edwardsville Home Appreciation Rates

Appreciation rates for homes in Edwardsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.33%, which ranks in the top 50% nationwide. This equates to an annual average Edwardsville house appreciation rate of 0.23%.

NeighborhoodScout's data show that during the latest twelve months, Edwardsville's appreciation rate, at 3.63%, has been at or slightly above the national average. In the latest quarter, Edwardsville's appreciation rate has been 1.03%, which annualizes to a rate of 4.19%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Edwardsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Edwardsville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Edwardsville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$198,706

Edwardsville, IL HOME PRICES

Value Range
> $1,075,000 0.8
$806,001 - $1,075,000 0.5
$538,001 - $806,000 2.1
$430,001 - $538,000 3.6
$323,001 - $430,000 9.7
$215,001 - $323,000 26.3
$108,001 - $215,000 45.6
$54,001 - $108,000 8.3
$0 - $54,000 3.0

High for IL
High for Nation

Value Relative to Nation Value Relative to State
32.5735380288293 25.3164556962025

Number Of Homes And Apartments:
8,577

Edwardsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
41.81% 2.05% 9 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,212 / per month

Homeownership Rate

Homeownership
Owners 61.96
Renters 38.04
Vacant 7.88

Housing Market Details

 

Age of Homes

AGE OF Edwardsville HOMES
2000 or Newer 14.0
1970 - 1999 40.3
1940 - 1969 28.2
1939 or Older 17.5

Types of Homes

TYPE OF Edwardsville HOMES
Single-Family 78.3
Townhomes 3.0
Small Apt. Buildings 7.5
Apt. Complexes 11.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Edwardsville HOMES
No Bedroom 1.06
1 Bedroom 6.07
2 Bedrooms 29.98
3 Bedrooms 37.70
4 Bedrooms 21.47
5 or more bedrooms 3.73