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Featured local agent — Edwardsville, IL
Sarah Mitchell
Compass Real Estate · Edwardsville, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Edwardsville, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$349,000median sale price
How is the Edwardsville, IL housing market right now?
The median home sale price in Edwardsville, IL is $349,000, down 17.7% year-over-year. Homes sell in an average of 24 days with 48 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Edwardsville a buyer's or seller's market?
Edwardsville, IL is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
29
Last 12 weeks
Days on market
24
Average pace
Active listings
48
1.7 months supply
Sale-to-list
101.9%
Above asking
What does the Edwardsville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $349,000 |
| Median list price | $350,000 |
| Year-over-year price change | -17.7% |
| Average days on market | 24 days |
| Active inventory | 48 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 101.9% |
| Median price per sq ft | $179/sq ft |
| Homes sold (latest month) | 29 |
| New listings (latest month) | 38 |
| Listings with a price cut | 29.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Edwardsville by property type?
How the Edwardsville, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $349,000 | $179/sq ft | 29 | 24 days |
| Condo / Co-op | $295,000 | $130/sq ft | 3 | 33 days |
| Townhouse | $140,000 | $95/sq ft | 1 | 204 days |
Source: Redfin · Updated monthly
The Edwardsville housing market is currently classified as a strong seller's market with a median sale price of $349,000. Prices have fallen 17.7% compared to last year, with homes spending an average of 24 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Edwardsville
There are currently 48 homes listed for sale in Edwardsville, Illinois. The median listing price is $350K.
Active listings
48
Homes on market
Median list price
$350K
Avg. days on market
24
Days until sale
New this week
38
Newly listed
Who lives in Edwardsville?
Population
26,543
Median income
$92,671/yr
Median age
32.3 years
Owner-occupied
68.9%
College grads
54.3%
Avg commute
24.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Edwardsville?
Zillow home value
$332,014
Zillow rent index
$1,528/mo
Price-to-rent ratio
18.1x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Edwardsville?
Edwardsville is a community of approximately 27K residents with a median age of 32.3 years.The median household income is $92,671, which reflects a relatively affluent area with strong earning potential. 54.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 68.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Edwardsville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Edwardsville?
10 schools tracked · 5,903 students
The largest public schools serving Edwardsville, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Edwardsville High School
Grades 9-12 · 2,342 students
Liberty Middle School
Grades 6-8 · 895 students
Lincoln Middle School
Grades 6-8 · 819 students
Woodland Elementary School
Grades 3-5 · 424 students
Goshen Elementary
Grades PK-2 · 384 students
Columbus Elem School
Grades 3-5 · 374 students
LeClaire Elem School
Grades PK-2 · 338 students
N O Nelson Elem School
Grades K-2 · 327 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Edwardsville, IL?
Want a head-to-head view? Compare Edwardsville side-by-side with any other U.S. city using our market-comparison tool.
Is Edwardsville a good real estate investment market?
For investors evaluating Edwardsville, the price-to-rent ratio of 18.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 17.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Edwardsville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Edwardsville's median home price.
Frequently asked questions
What is the average home price in Edwardsville?
The median home sale price in Edwardsville is $349,000, down 17.7% from last year.
How long do homes stay on market in Edwardsville?
Homes typically spend 24 days on market before going under contract.
What is the median income in Edwardsville?
The median household income is $92,671 per year.
Is Edwardsville a buyer's or seller's market?
With 1.7 months of supply, Edwardsville is currently a strong seller's market.
What is the Zillow home value estimate for Edwardsville?
The Zillow Home Value Index (ZHVI) for Edwardsville is $332,014, representing the typical home value in the area.
What is the median condo price in Edwardsville?
The median condo/co-op sale price in Edwardsville, IL is $295,000, compared to $349,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Edwardsville?
The median single-family home price in Edwardsville, IL is $349,000 (about $179 per square foot).
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