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Property-class scope

The story of this market

The typical home in ZIP 62662 sells for about $203,878, or $115 per square foot.

Prices are up +7.2% from a year ago, so sellers still have some momentum. Homes take about 11.7 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,150 a month.

ZIP market report · consumer edition · quarterly refresh

Track this ZIP

ZIP 62662 — Lowder

Sangamon County →Springfield marketrefreshed Sep 24, 2026next refresh Oct 24, 2026

Market mood · cautiously optimistic

ZIP 62662 is a minimal postal designation with no residential population or census data, effectively functioning as a PO Box location. Market metrics provided reflect the broader Springfield, IL metropolitan area, which shows moderate price appreciation and tight inventory levels as of mid-2026.

Parent geography

Lowder · no city intel reportSangamon County →Springfield market →Illinois state →

Median sale price

$203,878

+7.2% year over year

Corroboration pending — anchor baseline forms on the first refresh cycles

Days on market

12 days

Active listings

486

Sale-to-list ratio

100%

of asking price

ZIP Market ScoreZIP-SCORE-1.3 · 3/4 sections graded

Composite · average of graded sections

Computed only from this report's published readings — sections without data are excluded, never estimated.

Growth/100

Median prices moved up 7.2% year over year.

Liquidity/100

Homes spend a median of 12 days on market with 1.3 months of supply — a fast-moving market.

Momentum/100

0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.

Safety & stabilitynot graded

Awaiting this reading — not graded.

Area context

Taxation

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.

Economy & employers

The area is part of the Springfield, IL Metropolitan Statistical Area, which serves as a regional hub for government, healthcare, and education.

Major amenities · ZIP 62662

Theme, amusement & water parks

7 · 20 mi