The story of this market
The typical home in ZIP 62417 sells for about $125,000, or $78 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $682 a month.
ZIP 62417 — Bridgeport
The housing market in 62417 remains stable with low inventory and modest price appreciation. Demand is driven by local residents seeking affordable housing, though limited new construction keeps the market tight.
This area is best suited for budget-conscious families, retirees, and local workers seeking a quiet, rural lifestyle with affordable housing costs.
Median prices moved up 4.2% year over year.
Homes spend a median of 64 days on market with 4.4 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.5% · poverty 22.4% — a mixed stability 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 4.4%/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 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 62417, Lawrence County IL
Crime rates in the area are generally low and consistent with rural Lawrence County trends, remaining well below state and national averages.
Schools serving the area are part of the Red Hill Community Unit School District, which maintains a stable academic reputation within the rural Illinois context.
The area faces moderate risk from severe thunderstorms and occasional flooding near the Wabash River basin, with standard insurance coverage typically available.
Economic momentum is driven by local agriculture, manufacturing, and regional healthcare services, with limited new large-scale commercial 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 Lawrenceville or Vincennes, Indiana.
Local recreation includes access to community parks, nearby river access for fishing, and small-town community events.
The rental market is characterized by low turnover and limited inventory, primarily serving local workers and long-term residents.
The economy is anchored by agriculture, local manufacturing, and regional retail, with employment stability tied to the broader Lawrence County labor market.
Transportation is dominated by private vehicle use, with access to US Route 50 serving as the primary corridor for regional travel.
Development is largely infill-focused with no major large-scale commercial or residential projects currently under construction.
The Lawrence County Supervisor of Assessments manages property valuations, utilizing a mass appraisal system for annual tax assessments.
Parcels are subject to local school district, county, and municipal taxes, with no major MUD or PID districts reported.
Property insurance remains stable, though premiums are sensitive to regional weather-related claims common in the Midwest.
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.
Local community park providing green space and recreational facilities.
Regional waterway offering fishing and outdoor access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.