The story of this market
The typical home in ZIP 62540 sells for about $113,000, or $64 per square foot.
Prices are up +2.7% from a year ago, so sellers still have some momentum. Homes take about 90 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $725 a month.
ZIP 62540 — Kincaid
The housing market in 62540 remains stable with low inventory and modest price appreciation. Demand is driven by local affordability, though limited job growth in the immediate area keeps the market pace slow and steady.
This ZIP is best suited for budget-conscious family buyers and local workers seeking affordable single-family housing in a quiet, rural setting.
Median prices moved up 2.7% year over year.
Homes spend a median of 90 days on market with 6.0 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.4% · poverty 15.3% — 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 4.7%/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 5.1%/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 62540, Christian County IL
Crime rates in Kincaid are generally low and consistent with rural Christian County trends, though specific localized data is limited.
Schools serving the area are part of the South Fork School District, which provides standard public education for the local community.
The area is primarily at risk for severe thunderstorms and occasional wind damage, with standard flood insurance requirements for properties near local drainage basins.
Economic momentum is modest, driven by local agricultural support and proximity to regional employment hubs in Springfield.
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.
Commuters typically drive approximately 30-40 minutes to reach the Springfield employment core via Illinois Route 104.
Local recreation includes small community parks and access to nearby rural outdoor spaces, with limited shopping and dining options within the immediate ZIP.
The rental market is characterized by low inventory and steady demand from local workers, with limited turnover and minimal short-term rental presence.
The local economy is anchored by agriculture and small-scale retail, with many residents commuting to Springfield for larger employment opportunities.
Transportation is heavily reliant on personal vehicles, with Illinois Route 104 serving as the primary corridor for regional access.
There are no major large-scale commercial or residential developments currently approved or under construction in the ZIP.
The Christian County Assessor manages property valuations, typically reassessing on a multi-year cycle to reflect market changes.
Parcels are subject to local school district taxes and county-level levies for emergency services and infrastructure maintenance.
Property insurance premiums are moderate, reflecting the rural nature of the area and standard regional hazard profiles.
Net domestic migration in the region has been relatively flat, with a slight trend toward suburbanization in nearby counties.
Illinois is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically extends the timeline for completion.
Sellers are required to provide a Residential Real Property Disclosure Report detailing the condition of the property at the time of sale.
Data retrieved from US Census Bureau ZCTA-level profiles.
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.
- Knight's Action Park4.217.6 mi
- Malibu Jack's Springfield4.719.6 mi
- Sky Zone Trampoline Park4.319.3 mi
- BounceTag4.519.9 mi
- Chuck E. Cheese3.918.5 mi
- Golden Corral Buffet & Grill4.216.1 mi
- Bank of Springfield Center4.419 mi
- Knight's Action Park4.217.6 mi
- Malibu Jack's Springfield4.719.6 mi
- Boone's4.419.2 mi
- Lincoln Memorial Garden and Nature Center4.812.1 mi
- Sangchris Lake State Park4.64.6 mi
- Taylorville Park District4.67.2 mi
- Taylorville Cinema4.77 mi
- Olde Bowl4.55.6 mi
- Lincoln Home National Historic Site4.818.8 mi
- Abraham Lincoln Presidential Library and Museum4.819.2 mi
- Illinois State Museum4.619.1 mi
- Dana-Thomas House State Historic Site4.818.8 mi
- Old State Capitol State Historic Site4.619.1 mi
- Lincoln Memorial Garden and Nature Center4.812.1 mi
- Sangchris Lake State Park4.64.6 mi
- Taylorville Park District4.67.2 mi
- Island Bay Yacht Club4.713.2 mi
- Lake Taylorville Marina4.49.3 mi
- Lakeshore Golf Course4.710.9 mi
- Abraham Lincoln Capital Airport4.122.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local community space for outdoor recreation and gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.