The story of this market
The typical home in ZIP 62439 sells for about $104,000, or $65 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $876 a month.
ZIP 62439 — Lawrenceville
The housing market in 62439 is characterized by low price points and limited inventory, reflecting a stable but slow-growth rural economy. Market conditions remain challenging for investors due to thin margins, though the area provides affordable options for local residents. Current trends indicate a slight softening in prices year-over-year as the market adjusts to broader economic pressures.
This ZIP is best suited for budget-conscious local workers and long-term investors who prioritize cash flow over rapid capital appreciation.
Median prices moved down 2.1% year over year.
Homes spend a median of 88 days on market with 6.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 94.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.7% · poverty 12.7% — 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 3.2%/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 3.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 62439, Lawrence County IL
Crime rates in Lawrenceville are generally consistent with rural Illinois averages, though property crime remains the primary concern for local law enforcement.
Schools in the area are primarily served by Lawrence County CUSD 20, which provides standard public education services for the region.
The area faces moderate risk from severe thunderstorms and occasional flooding near the Wabash River basin.
Economic momentum is modest, with the local economy anchored by manufacturing, healthcare, and agricultural support services.
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 typically traveling to local employment hubs within Lawrence County or nearby Vincennes, Indiana.
Local recreation includes access to Lawrenceville City Park and proximity to the Wabash River for outdoor activities.
The rental market is characterized by steady demand for affordable housing, though vacancy rates can fluctuate due to the limited local employment base.
The economy is driven by a mix of manufacturing, healthcare, and agricultural sectors, with limited large-scale corporate presence.
Transportation is heavily reliant on personal vehicles, with limited public transit options available in the rural county setting.
Development activity is currently focused on small-scale residential maintenance and local infrastructure improvements.
The Lawrence County Supervisor of Assessments manages property valuations based on state-mandated assessment cycles.
Parcels are subject to local school district taxes and county-wide levies for emergency services and infrastructure.
Property insurance premiums are influenced by regional weather patterns, including wind and storm risks common to the Midwest.
Data retrieved from 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.
Provides local green space and recreational facilities for residents.
Serves as a natural boundary and recreational area for fishing and boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.