The story of this market
The typical home in ZIP 62448 sells for about $167,500, or $98 per square foot.
Homes take about 63 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $765 a month.
ZIP 62448 — Newton
The housing market in 62448 is characterized by low inventory and affordable home values compared to national averages. Data for specific metrics like sales count, price cuts, and tax rates are not currently published at the ZIP level. The area remains a stable, rural-focused market with a high owner-occupancy rate.
This ZIP code is primarily suited for local families and individuals seeking affordable, rural-adjacent housing in a small-town setting.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 63 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 9.4% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 62448, Jasper County, IL
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.
The mean commute time to work for residents is approximately 28.1 minutes.
The area features local parks and community amenities within the city of Newton, serving as the primary hub for the surrounding rural region.
The rental market is characterized by a 21% renter share and a vacancy rate of approximately 10.3%, with 2-bedroom units being the most common rental type.
The local economy is primarily driven by agriculture and small-town services, with a median household income of $66,432.
Data retrieved from Census ACS 2023 ZCTA 62448 profiles.
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.
A notable local water feature providing recreational opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.