The story of this market
The typical home in ZIP 62424 sells for about $601,000, or $380 per square foot.
Prices are up +15.2% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $678 a month.
ZIP 62424 — Dieterich
The housing market in 62424 is characterized by low inventory and high owner-occupancy, with a median home value that has seen steady appreciation. Sales volume is low, reflecting the small-town nature of the area, and the market currently favors sellers due to limited supply. The area remains an affordable, stable community for families.
This ZIP is best suited for families and long-term residents seeking a quiet, small-town lifestyle with a high rate of homeownership and community stability.
Median prices moved up 15.2% year over year.
Homes spend a median of 120 days on market with 2.1 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 7.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 62424
The area is served by the Dieterich Community Unit School District 30, which is generally regarded as a stable, small-town educational environment.
The local economy is anchored by small-town commerce and regional agricultural support, with limited large-scale industrial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Residents primarily rely on personal vehicles for commuting to employment hubs in Effingham or nearby regional centers via local highway corridors.
Local amenities include community parks and small-town recreational facilities, with broader shopping and dining options available in the nearby city of Effingham.
The rental market is characterized by low inventory and limited turnover, with a significant portion of the housing stock being owner-occupied.
The economy is primarily driven by local small businesses, agriculture, and regional services within Effingham County.
Transportation is almost exclusively dependent on private vehicle use via local roads and state highways.
There are no major large-scale commercial or residential developments currently reported for this ZIP code.
Property assessments are managed by the Effingham and Jasper County assessment offices.
Parcels are subject to local school district taxes and standard municipal utility levies.
Property insurance premiums are generally stable, reflecting the low-hazard, rural nature of the region.
Data retrieved from Census Reporter and AtlasBig based on ACS 2023 5-year estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Local community green space and recreational area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.