Edwardsville, Illinois Housing Market Prices
Edwardsville Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 25% below the Illinois median$111,724
-
Median rent 3% above the Illinois median$1,310
Housing Market Overview
| Metric | Edwardsville | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $111,724 | $149,936 | $248,835 |
| Price Trend (Annual %) | 140.2% | 2.5% | 7.5% |
| Median Gross Rent | $1,310 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 5.1% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Edwardsville is about 25% lower than in Illinois. Rent is about 3% higher than the Illinois average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Edwardsville, up about 140.2% and 5.1% a year respectively. Home prices are changing faster.
Median rent in Edwardsville rose about 44.1% between 2015 and 2024, from $910 to $1,310. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Edwardsville.
Buying the median-priced home in Edwardsville costs roughly 7.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Edwardsville. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Edwardsville | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $111,724 | $149,936 | $248,835 |
| Median Household Income | $91,352 | $84,042 | $80,455 |
| Price-to-Income Ratio | 1.2 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Edwardsville rose about 90.2%, while median household income rose about 38.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Edwardsville | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.6% | 61.9% | 58.5% |
| Rental Rate | 28.8% | 30.4% | 31.2% |
| Vacancy Rate | 6.7% | 7.7% | 10.2% |
| Median Tenure (years) | 12.0 | 16.0 | 15.0 |
| Median Year Moved In | 2014 | 2010 | 2011 |
Edwardsville has a homeownership rate of 64.6%, higher than the Illinois average of 61.9%. Its housing vacancy rate is 6.7%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Edwardsville | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.36 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1975 | 1969 | 1978 |
| Median Number of Rooms | 6.2 | 5.6 | 5.5 |
The typical housing unit in Edwardsville was built around 1975. On average, 2.4 people live in a home with about 6.2 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Edwardsville, Illinois.
What is the median home price in Edwardsville, Illinois?
The median home price in Edwardsville, Illinois is $111,724, lower than the Illinois average of $149,936.
What is the average home price in Edwardsville, Illinois?
The typical home price in Edwardsville, Illinois, reported as the median sale price, is $111,724. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Edwardsville, Illinois?
The median gross rent in Edwardsville, Illinois is $1,310 per month, higher than the Illinois average of $1,274.
What was the median gross rent in Edwardsville in 2020?
In 2020, the median gross rent in Edwardsville, Illinois was $963 per month.
What is the price-to-rent ratio in Edwardsville, Illinois?
The price-to-rent ratio in Edwardsville, Illinois is about 7.1, meaning it would take roughly 7.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Edwardsville.
Are home prices or rent rising faster in Edwardsville, Illinois?
Both home prices and rent are rising in Edwardsville, up about 140.2% and 5.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Edwardsville, Illinois?
64.6% of households in Edwardsville, Illinois own their home, higher than the Illinois average of 61.9%.
What is the vacancy rate in Edwardsville, Illinois?
The housing vacancy rate in Edwardsville, Illinois is 6.7%, lower than the Illinois average of 7.7%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →