The story of this market
The typical home in ZIP 62856 sells for about $76,858, or $52 per square foot.
Homes take about 83 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,405 a month.
ZIP 62856 — Logan
The housing market in 62856 is extremely thin, with only one active listing and very low sales volume. Market conditions are stagnant, with a small, aging population and limited economic growth, leading to a cautious outlook for real estate investment.
This ZIP is primarily suited for local residents or those seeking very low-cost, rural housing, as the market is extremely small with minimal turnover and limited amenities.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 83 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 12.0% — a stable, low-distress profile.
ZCTA 62856, Franklin County, Illinois
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 rental market is characterized by a high rental vacancy rate of 37.04% and limited inventory.
The local economy is small with limited business establishments and a reliance on the broader Franklin County labor market.
Data retrieved from US Census Bureau and GreatData.com
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.