62254 Zip Code First-Time Homebuyer Report for October

The 62254 zip code is a zip code in Illinois with a median income of $53,283 per household. Besides being affluent, its population is much older than others with a median age of 36 years. Detached homes account for 97% of the area's current housing market. The best school in the zip code is Lebanon Elementary School.

Price Range

Homes in the 62254 zip code are worth a median of $89,800, similar to other parts of Illinois. Additionally, the list prices of available homes is currently at an average of $134,590. In this week's report, the number of homes sold in the 62254 zip code market fell to seven over the past 30 days, a decrease of 22.2% from last week's report, but still above the monthly average.

Make sure you take a look at these eye-catching homes in the 62254 zip code that generated the most views from potential buyers:

$325K   $135K   $210K  

Typical Dwelling

A three-bedroom detached home valued around $193,993 is considered a typical dwelling in the 62254 zip code. If a buyer was looking for a similar home, they would need good credit and a $38,799 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $755 and the property tax rate is $16.45 per $1,000 of taxable assessed value.

Get started right now by checking out 62254 homes for sale or reviewing 62254 real estate trends.


Data reported through 10/13/2016

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