The story of this market
The typical home in ZIP 62884 sells for about $82,376, or $110 per square foot.
Prices are down 43.2% from a year ago, which gives buyers more room to negotiate. Homes take about 79 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $702 a month.
ZIP 62884 — Sesser
The 62884 housing market is currently experiencing a significant year-over-year decline in median sale prices, down 43.2%. With a median sale price of $82,376 and a sale-to-list ratio of 88.5%, the market is favoring buyers. Inventory remains limited with 18 active listings, and the market is characterized by longer days on market.
This ZIP is suitable for budget-conscious buyers seeking affordable housing, as it features a low median home value compared to national and regional averages.
Median prices moved down 43.2% year over year.
Homes spend a median of 79 days on market with 2.6 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 88.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 19.4% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 62884
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 median gross rent of $702 with a vacancy rate of 14.0%.
Data retrieved from Census ACS 5-year estimates and related ZIP-level 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.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.