The story of this market
The typical home in ZIP 62812 sells for about $138,000, or $86 per square foot.
Prices are up +67.3% from a year ago, so sellers still have some momentum. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $860 a month.
ZIP 62812 — Benton
The housing market in 62812 shows signs of recovery with a significant year-over-year price increase, though the median price remains highly affordable compared to national averages. Low inventory levels are driving competition, resulting in a relatively quick turnover for available homes. The market is supported by stable local employment and consistent demand for entry-level housing.
This ZIP code is well-suited for budget-conscious family buyers and retirees seeking affordable housing in a small-town setting with access to regional outdoor amenities.
Median prices moved up 67.3% year over year.
Homes spend a median of 41 days on market with 3.7 months of supply — a fast-moving market.
4% of listings have cut prices · homes sell at 95.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 15.0% — a stable, low-distress profile.
ZCTA 62812, Franklin County IL
The area is served by Benton Community Consolidated School District 47 and Benton Consolidated High School District 103, which provide foundational public education for the local community.
The local economy is anchored by regional services and small-town commerce, with development momentum largely tied to local infrastructure maintenance and residential stability.
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, with access to regional roadways connecting to nearby employment hubs in Southern Illinois.
The area features access to local parks and proximity to Rend Lake, which serves as a primary regional destination for outdoor recreation, fishing, and boating.
The rental market is characterized by a high share of single-family homes and smaller multi-family units, with vacancy pressure remaining moderate and rent levels reflecting the local cost of living.
The local economy is driven by a mix of retail, public services, and regional agriculture, with employment centered in the city of Benton.
Transportation is primarily highway-based, with regional connectivity provided by local state routes.
Parcels are subject to levies from local school districts, the county, and municipal entities.
Data retrieved from US Census Bureau ZCTA-level tables and aggregated local reports.
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 major regional reservoir providing extensive opportunities for fishing, boating, and camping.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.