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market report · 62040
Mitchell, IL · 62040
55 active listings$145,000 median ask$1,490 est. rent1% price/rent
$145,000
Median list price
$1,490/mo
Estimated rent
1%
Price / rent ratio
55
Listings
FHFA home price index · 2016–2025
70.8% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.13
Median rent / sqft
52 comps
$114.38
Median sold / sqft
52 comps
—
Walkability
3.9%
Area unemployment
BLS LAUS
Median household income $60,031 · median home value $112,000 · ACS 2024.
Natural-hazard risk Very High (FEMA NRI score 98).
7 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
2013 Grand Ave, Granite City, IL 62040
Granite City, IL
$65,000$2,117/mo3.3%
2511 E 23rd St, Granite City, IL 62040
Granite City, IL
$36,000$1,068/mo3%
2327 E 25th St, Granite City, IL 62040
Granite City, IL
$49,900$1,123/mo2.2%
2133 Robert Ave, Granite City, IL 62040
Granite City, IL
$80,000$1,440/mo1.8%
1542 Lindell Blvd, Granite City, IL 62040
Granite City, IL
$79,900$1,279/mo1.6%
2424 Madison Ave, Granite City, IL 62040
Granite City, IL
$64,900$919/mo1.4%