The story of this market
The typical home in ZIP 62891 sells for about $73,474, or $52 per square foot.
Homes take about 125 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $875 a month.
ZIP 62891 — Valier
The housing market in 62891 is characterized by very low inventory and low price points, with a median home value significantly below the national average. Market activity is minimal, reflecting the area's small population and rural nature. Most data points, including specific sales counts and tax history, are limited due to the small size of the ZCTA.
This ZIP is best suited for budget-conscious buyers and long-term residents seeking affordable, small-town living in a rural Illinois setting.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 125 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) · unemployment 7.4% · poverty 33.3% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 62891, 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.
The mean commute time for residents is approximately 32.3 minutes, reflecting a reliance on personal vehicles for travel to regional employment hubs.
Local recreation is limited, with the area primarily serving as a quiet residential community; shopping and broader amenities are accessed in neighboring towns within Franklin County.
The rental market is characterized by low inventory and modest demand, with typical rents for 2-bedroom units ranging between $750 and $999 per month.
The local economy is primarily driven by small-scale services and regional employment within Franklin County, with a significant portion of the workforce commuting outside the immediate ZIP.
Transportation is almost exclusively dependent on private vehicles, with no significant public transit infrastructure serving the area.
There are no major large-scale commercial or residential developments currently reported for this ZIP code.
The Franklin County Supervisor of Assessments manages property valuations, applying state-mandated equalization factors to ensure uniform assessment levels.
Parcels are subject to local school district, county, and municipal tax levies typical of rural Illinois jurisdictions.
Property insurance premiums are influenced by regional weather patterns, including potential for severe storms common in Southern Illinois.
Data retrieved from SimpleMaps and Census ACS 5-year estimates.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Local green space serving the immediate residential area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.