The story of this market
The typical home in ZIP 62971 sells for about $85,950, or $78 per square foot.
Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $611 a month.
ZIP 62971
The housing market in 62274 remains stable with low inventory and modest price growth. Market activity is driven by local demand and affordability, with limited new construction impacting supply. Figures for specific metrics like price cuts and months of supply are based on current local market reports.
This ZIP is well-suited for family buyers and long-term residents seeking an affordable, small-town lifestyle with a lower cost of living compared to larger Illinois metros.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 84 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 12.8% — a stable, low-distress profile.
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 2.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 62274, Perry County IL
The area is served by Pinckneyville Community High School and local elementary districts, which generally maintain stable, community-focused ratings.
The region is subject to standard Midwestern weather risks, including severe thunderstorms and occasional flooding near local waterways.
Economic momentum is driven by local government, education, and regional agricultural services, with limited large-scale industrial development.
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.
Commutes are primarily car-dependent, with residents traveling to nearby employment hubs in Du Quoin or Carbondale via state highway corridors.
Local amenities include Pinckneyville City Park and proximity to outdoor recreation at nearby state conservation areas and lakes.
The rental market is characterized by low vacancy pressure and steady demand, with a small but active segment of short-term rentals.
The economy is anchored by public sector employment, local education, and regional agricultural support services.
Transportation is primarily via personal vehicle, with limited public transit options available for regional commuting.
Development is focused on small-scale residential maintenance and local infrastructure improvements.
Parcels are subject to local school district, county, and municipal tax levies.
Property insurance premiums are influenced by regional exposure to severe weather events common in Southern Illinois.
Data retrieved from US Census Bureau ZCTA 62274 profile.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Central community green space with recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.