Glen Carbon is much older than the rest of Illinois, with a median age of 36. It's very affluent as well, with a median income of $69,950 per household. Detached homes account for 98% of the area's current housing market. The best school in the city is Glen Carbon Elementary School.
Some of the more expensive homes in Illinois are in Glen Carbon with a median home value of $160,100 and an average list price for available homes currently at $277,912. The Glen Carbon market broke below its 12-month average sales volume this week as sales dropped 33.3% to hit 10 homes sold over the last 30 days.
Wonder which homes are generating the most buzz? Here are the most viewed listings in Glen Carbon:
A four-bedroom detached home valued around $285,858 is considered a typical dwelling in Glen Carbon. If a buyer was looking for a similar home, they would need good credit and a $57,172 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $973 and the property tax rate is $16.94 per $1,000 of taxable assessed value.