The story of this market
The typical home in ZIP 62563 sells for about $389,750, or $216 per square foot.
Prices are up +7.2% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,391 a month.
ZIP 62563 — Rochester
The housing market in 62563 is characterized by high demand and limited inventory, driving consistent price appreciation. The area's strong school district and proximity to Springfield employment hubs continue to attract family buyers, keeping the market competitive.
This ZIP is ideal for families and professionals who work in Springfield but prefer a quieter, suburban lifestyle with high-quality schools and larger lot sizes.
Median prices moved up 7.2% year over year.
Homes spend a median of 37 days on market with 1.3 months of supply — a fast-moving market.
3% of listings have cut prices · homes sell at 99.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 3.8% — 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 6.8%/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 6.2%/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 62563, Sangamon County IL
Rochester is generally considered a safe, low-crime community compared to the broader Springfield metropolitan area.
The area is served by the Rochester Community Unit School District 3A, which is highly regarded for its academic performance and extracurricular programs.
The region faces standard Midwestern risks including severe thunderstorms and occasional tornado activity, with flood risks primarily localized to areas near the Sangamon River.
Economic momentum is driven by its proximity to the state capital, Springfield, with many residents commuting to government, healthcare, and education sectors.
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.
Residents primarily commute by car to Springfield, typically taking IL-29, with a drive time of approximately 15 to 20 minutes to the downtown employment core.
The area features access to the Rochester Community Park and is within a short drive of Lake Springfield for boating, fishing, and outdoor recreation.
The rental market is characterized by low vacancy rates and high demand from families seeking access to the Rochester school district.
The economy is anchored by the Springfield metropolitan area, with major employment in state government, Memorial Health, and HSHS St. John's Hospital.
Transportation is heavily reliant on private vehicles, with IL-29 serving as the primary arterial corridor connecting the area to Springfield.
Development is focused on residential growth and infrastructure improvements to support the increasing population density.
Parcels are subject to Rochester Community Unit School District 3A taxes and local municipal levies.
Standard homeowners insurance is available, though premiums are influenced by regional exposure to severe weather events.
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.
- Knight's Action Park4.210.3 mi
- Malibu Jack's Springfield4.711.9 mi
- Sky Zone Trampoline Park4.311.9 mi
- BounceTag4.512.5 mi
- Chuck E. Cheese3.910.3 mi
- Illinois State Fairground4.511.3 mi
- Golden Corral Buffet & Grill4.28.3 mi
- Bank of Springfield Center4.410.1 mi
- Knight's Action Park4.210.3 mi
- Malibu Jack's Springfield4.711.9 mi
- Lincoln Home National Historic Site4.810 mi
- Knight's Action Park4.210.3 mi
- Malibu Jack's Springfield4.711.9 mi
- AMC Springfield 84.47.1 mi
- AMC Springfield 124.212.8 mi
- Lincoln Home National Historic Site4.810 mi
- Abraham Lincoln Presidential Library and Museum4.810.3 mi
- Illinois State Museum4.610.4 mi
- Dana-Thomas House State Historic Site4.810.1 mi
- Old State Capitol State Historic Site4.610.3 mi
- Washington Park4.711.2 mi
- Southwind Park4.78.7 mi
- Lincoln Memorial Garden and Nature Center4.85.6 mi
- Henson Robinson Zoo4.24.9 mi
- Sangchris Lake State Park4.65.1 mi
- Island Bay Yacht Club4.76.4 mi
- Lake Taylorville Marina4.417.7 mi
- Piper Glen Golf & Social Club4.410.9 mi
- Illini Country Club4.611.2 mi
- Lincoln Greens Golf Course4.15.7 mi
- The Oaks Golf Course4.38 mi
- Bunn Golf Course4.38.5 mi
- White Oaks Mall3.911.8 mi
- Meijer4.311.2 mi
- Hy-Vee Grocery Store4.510.4 mi
- Humphrey's Market4.89 mi
- Kohl's4.112 mi
- Abraham Lincoln Capital Airport4.113.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Features sports fields, playgrounds, and walking trails.
Major regional hub for boating, fishing, and waterfront recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.