The story of this market
The typical home in ZIP 62825 sells for about $71,700, or $71 per square foot.
Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $749 a month.
ZIP 62825 — Coello
The housing market in 62825 is characterized by very low home values and limited inventory, reflecting its status as a small, rural village. Market activity is minimal, with most residents being long-term homeowners. The area remains affordable compared to national averages, though it lacks significant development momentum.
This ZIP is best suited for budget-conscious buyers or retirees looking for low-cost, rural housing in a small village setting.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 120 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 5.9% — 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 1.1%/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 1.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 62825, Franklin 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.
Residents typically rely on personal vehicles for commuting to regional employment hubs in Franklin County.
The area is rural with limited local amenities; residents typically travel to nearby towns for shopping, dining, and recreational facilities.
The rental market is limited with a high vacancy rate for rental units; HUD Fair Market Rent for a two-bedroom unit is $940.
The local economy is primarily driven by small-scale services and regional employment in Franklin County.
Franklin County Assessment Office manages property valuations for tax purposes.
Parcels are subject to local school district and county-level property tax levies.
Standard rural property insurance coverage applies; hazard exposure is typical for Southern Illinois.
Data retrieved from Census Bureau ACS 2023 profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Small local community park.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.