The story of this market
The typical home in ZIP 62047 sells for about $350,000, or $185 per square foot.
Prices are up +16.7% from a year ago, so sellers still have some momentum. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $476 a month.
ZIP 62047 — Hardin
The housing market in 62047 shows strong momentum with a 16.7% year-over-year increase in median sales price. High demand is reflected in the low 1.9 months of supply and a sale-to-list ratio exceeding 100%, indicating a competitive environment for buyers.
Median prices moved up 16.7% year over year.
Homes spend a median of 18 days on market with 1.9 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 100.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.7% · poverty 5.8% — 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 7.3%/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 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 62047, Madison 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.
Data retrieved from data.census.gov ZCTA-level tables.
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.
Public green space serving the local residential area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.