The story of this market
The typical home in ZIP 62941 sells for about $164,500, or $80 per square foot.
Prices are up +17.1% from a year ago, so sellers still have some momentum. Homes take about 185 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $883 a month.
ZIP 62941 — Grand Chain
The 62941 housing market is a very small, low-activity rural market with limited inventory and stable pricing. Market conditions are driven by local affordability, though the lack of significant development or economic growth keeps the market quiet.
This ZIP is best suited for rural-lifestyle seekers and budget-conscious buyers who prioritize affordability over proximity to major employment hubs.
Median prices moved up 17.1% year over year.
Homes spend a median of 185 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 4.0% · poverty 8.4% — a stable, low-distress profile.
ZCTA 62941, Pulaski County IL
The area is a small, rural community in Pulaski County with limited industrial or commercial 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.
Residents face a rural commute profile with a mean travel time to work of approximately 31.3 minutes.
Recreational opportunities are primarily rural and nature-oriented, with limited immediate access to major urban shopping or entertainment districts.
The rental market is characterized by limited inventory and a strong demand indicator, with rents typically ranging from $750 to $999 for larger units.
The local economy is small and rural, with limited major employers and a reliance on regional employment centers in the broader Pulaski County area.
Transportation is primarily dependent on personal vehicles, with no significant public transit infrastructure serving the area.
There are no major approved or under-construction developments reported for this ZIP code.
Pulaski County assessments are based on an equalized assessed value system, typically representing one-third of market value.
Parcels are subject to overlapping taxing districts including municipal, county, and school district levies.
Data retrieved from ZCTA-level census profiles.
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.