Is East Saint Louis, IL 62205 a buyer’s or seller’s market?

The East Saint Louis housing market right now

In the three months ending August 31, 2026, 20% of homes in East Saint Louis, IL 62205 sold above their list price, the typical home went under contract in 47 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (28 days then) and the median sale price rose 5% to $37,984. Overall, East Saint Louis is about as competitive as it was a year ago.

Within St. Clair County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in 71%.

Nearby, buyers who want less competition could look at Summerfield 62289 (0% sold over asking) or Saint Libory 62282 (0% sold over asking), while East Carondelet 62240 (75% sold over asking) and Freeburg 62243 (57% sold over asking) are even more competitive.