October's First-Time Homebuyer Report for East Gillespie

East Gillespie is a small city in Illinois with a median income of $43,023 per household. Besides being less affluent than average, its population is much younger than others with a median age of 43 years. The East Gillespie market is almost exclusively made up of detached homes, currently accounting for 100% overall.

Price Range

East Gillespie has some of the more affordable homes in the state with a median home value of $73,300 and a current average list price of $95,413.

Typical Dwelling

The typical dwelling in East Gillespie is a three-bedroom detached home worth about $101,133. To purchase a similar home, a buyer with good credit and a $20,227 cash down payment could obtain a mortgage with a 3.95% interest rate and a $68 monthly payment. The property tax rate is $12.83 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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