The story of this market
The typical home in ZIP 62896 sells for about $104,800, or $83 per square foot.
Homes take about 63 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $720 a month.
ZIP 62896 — West Frankfort
The housing market in 62896 is characterized by high affordability with a median home value of $104,800 and a sparse suburban feel. While the area shows signs of economic strain with a higher-than-average poverty rate and unemployment, it remains a stable, low-cost option for residents. Several metrics, including specific tax rates and recent closed sales counts, are not currently published at the ZIP level.
This ZIP fits budget-conscious family buyers and individuals seeking low-cost housing in a small-city environment, as home values are significantly lower than the national median.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 63 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.9% · poverty 23.4% — elevated distress and economic pressure.
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 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 62896
Public schools in the area are generally characterized with a C+ grade by regional reporting standards.
The area experiences periodic housing turnover and employment-related moves, with recent data indicating a 59% increase in moving activity in August.
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 a small city in southern Illinois where residents often commute for employment; specific transit data is not determinable.
The area features local parks and outdoor spaces typical of a sparse suburban environment in southern Illinois.
The rental market is characterized by a 27.8% renter-occupied share with a median gross rent of $720; vacancy rates are reported at 12.7%.
The local economy is supported by retail, manufacturing, and transportation sectors, with employment-related moves driving recent population shifts.
Data retrieved from Census Reporter and ACS 5-year profiles.
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.
Local community park providing outdoor recreation space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.