The story of this market
The typical home in ZIP 62458 sells for about $135,000, or $85 per square foot.
Prices are up +3.8% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $749 a month.
ZIP 62458 — Saint Elmo
The housing market in 62458 is characterized by low inventory and modest price appreciation consistent with rural Fayette County trends. Sales volume remains constrained by limited supply, resulting in a stable but slow-moving market environment. Current pricing reflects a steady demand for affordable single-family homes in the region.
Median prices moved up 3.8% year over year.
Homes spend a median of 92 days on market with 7.0 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.9% · poverty 20.6% — a mixed stability 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 5.3%/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 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 62458, Fayette 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.
Data retrieved from data.census.gov ZCTA 62458 profile tables.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.