Market Overview
Home Prices in Elsah, IL
The median home value in Elsah, IL is $200,270 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Elsah are priced51% below average. Elsah is part of the St. Louis, MO-IL metro area.
Over the past five years, Elsah home values have risen by approximately19.4%, reflecting steady appreciation in this market.
Price History
Elsah Home Price Trend
2020
$150,224
$150K
—
2021
$167,729
$168K
+11.7%
2022
$165,151
$165K
-1.5%
2023
$171,885
$172K
+4.1%
2024
$182,866
$183K
+6.4%
2025
$187,207
$187K
+2.4%
2026
$200,270
$200K
+7.0%
City Comparison
Elsah vs. National Median
🏠 Elsah
$200,270
National Median
$410,000
At $200,270, homes in Elsah cost 51% below the national median of $410,000. This makes Elsah a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Elsah?
20% Down Payment
$40,054
on $200,270
Monthly P&I
$1,044/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,326/mo
incl. taxes & insurance
Income Needed
$53,040
gross annual (30% rule)
10% Down Option
$20,027
+ PMI applies
Loan Amount (20% dn)
$160,216
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Elsah, IL?
The median home value in Elsah is $200,270 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7% year-over-year.
How much have home prices changed in Elsah?
Over the past year, home values in Elsah have increased by 7%. Over five years, prices have risen approximately 19.4%.
How much do I need to earn to buy a home in Elsah?
To comfortably afford the median home price of $200,270 with a 20% down payment ($40,054) at today's rates (6.8%), you'd need a gross annual income of approximately $53,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Elsah compare to the national average home price?
The national median home value is approximately $410,000. At $200,270, homes in Elsah are 51% below the national average.
What metro area is Elsah part of?
Elsah is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.