Glen Carbon First-Time Homebuyer Report for October

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.

Price Range

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:

$225K   $400K   $279K  

Typical Dwelling

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.

Get started right now by checking out Glen Carbon homes for sale or reviewing Glen Carbon real estate trends.


Data reported through 10/13/2016

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Tarrant And Harmon Real Estate And Auction Co
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