The story of this market
The typical home in ZIP 62860 sells for about $125,000, or $72 per square foot.
Prices are down 20.9% from a year ago, which gives buyers more room to negotiate. Homes take about 169 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $881 a month.
ZIP 62860 — Macedonia
The 62860 real estate market is a very low-volume, rural market with minimal inventory and sales activity. Current data shows a median price of $125,000, though historical values vary significantly due to the scarcity of transactions. The market is stable but lacks the liquidity and development momentum found in more populated areas.
This ZIP is best suited for buyers seeking rural, low-density country living, outdoor enthusiasts, or those looking for affordable land and detached single-family homes.
Median prices moved down 20.9% year over year.
Homes spend a median of 169 days on market with 0.0 months of supply — a slower-moving 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 25.9% — a mixed stability profile.
ZCTA 62860, Illinois
The area is served by small rural districts including Akin CCSD 91 and Thompsonville High School, with limited public performance data available.
The area is characterized by rural, low-density land use with minimal commercial or industrial development momentum.
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 area is highly rural, requiring significant drive times to reach regional employment hubs in Franklin County.
Recreation is primarily focused on outdoor activities such as hunting, fishing, and wildlife observation on private and rural lands.
The rental market is extremely limited with very low inventory and minimal professional management presence.
The local economy is primarily rural and agricultural, with limited local employment centers.
No major commercial or residential developments are currently reported for this rural ZIP code.
Parcels are served by local school districts including Akin CCSD 91 and Thompsonville High School.
Data retrieved from US Census Bureau and Illinois Demographics by Cubit.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Extensive wooded areas suitable for hunting and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.