The story of this market
The typical home in ZIP 62629 sells for about $189,786, or $115 per square foot.
Prices are up +2.6% from a year ago, so sellers still have some momentum. Homes take about 7 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,256 a month.
ZIP 62629 — Chatham
The Springfield housing market remains highly competitive with low inventory and rapid turnover. Prices have seen modest year-over-year growth, driven by steady demand and limited supply. Figures provided reflect the broader Springfield market area as ZIP-specific inventory and sales metrics are not independently published.
Median prices moved up 2.6% year over year.
Homes spend a median of 7 days on market with 1.3 months of supply — a fast-moving market.
3% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 3.1% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 62629, Sangamon 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 aggregated from ZCTA-level census profiles and local market reports.
- Knight's Action Park4.24.7 mi
- Malibu Jack's Springfield4.76 mi
- Sky Zone Trampoline Park4.34.8 mi
- BounceTag4.55.1 mi
- Chuck E. Cheese3.97 mi
- Illinois State Fairground4.511.3 mi
- Golden Corral Buffet & Grill4.26.3 mi
- Bank of Springfield Center4.49.3 mi
- Knight's Action Park4.24.7 mi
- Malibu Jack's Springfield4.76 mi
- Lincoln Home National Historic Site4.89.1 mi
- Knight's Action Park4.24.7 mi
- Malibu Jack's Springfield4.76 mi
- AMC Springfield 124.25 mi
- AMC Springfield 84.48.5 mi
- Lincoln Home National Historic Site4.89.1 mi
- Abraham Lincoln Presidential Library and Museum4.89.4 mi
- Illinois State Museum4.68.8 mi
- Dana-Thomas House State Historic Site4.88.7 mi
- Old State Capitol State Historic Site4.69.2 mi
- Washington Park4.77.8 mi
- Southwind Park4.75 mi
- Lincoln Memorial Garden and Nature Center4.87.1 mi
- Henson Robinson Zoo4.28.3 mi
- Nelson Center Ice Rink4.410.8 mi
- Island Bay Yacht Club4.76.4 mi
- Edgewood Golf Club4.68.6 mi
- Piper Glen Golf & Social Club4.41.9 mi
- Illini Country Club4.67.4 mi
- Lincoln Greens Golf Course4.18.4 mi
- Long Bridge Golf Course4.512.7 mi
- White Oaks Mall3.96 mi
- Meijer4.34.1 mi
- Hy-Vee Grocery Store4.57.2 mi
- Humphrey's Market4.88.5 mi
- Kohl's4.15.9 mi
- Abraham Lincoln Capital Airport4.111.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.