The story of this market
The typical home in ZIP 62668 sells for about $168,000, or $128 per square foot.
Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $796 a month.
ZIP 62668 — Murrayville
The housing market in 62668 is characterized by low inventory and steady, modest price growth. Sales activity remains limited, reflecting the small size of the community and a stable, long-term resident base. Market conditions are currently balanced with no significant pressure from price cuts or rapid turnover.
This ZIP is best suited for budget-conscious family buyers and retirees seeking a quiet, small-town environment with a low cost of living.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 28 days on market with 2.6 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.1% · poverty 15.1% — 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 4.3%/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 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 62668, Logan County IL
The area is served by local public schools with moderate performance ratings typical of rural Illinois districts.
The region faces standard Midwestern climate risks including severe thunderstorms and occasional wind events; flood risk is generally low.
Economic momentum is stable with a focus on local agriculture and small-town services; no major industrial or infrastructure projects are currently reported.
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 traveling to nearby employment hubs like Lincoln or Springfield via state highways.
Local amenities include the Mount Pulaski Courthouse State Historic Site and small community parks, with limited large-scale shopping or entertainment within a 3-mile radius.
The rental market is characterized by low inventory and stable demand, primarily serving local workers and long-term residents.
The local economy is driven by agriculture and small-scale retail services, with many residents commuting to larger nearby cities for employment.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure serving the area.
There are no major commercial or residential developments currently approved or under construction in the ZIP.
The Logan County Assessor manages property valuations, focusing on annual adjustments to reflect market trends in the rural housing stock.
Parcels are subject to local school district taxes and standard county-level levies for public services.
Property insurance premiums are stable, reflecting the low-hazard environment of central Illinois.
Illinois is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a residential real property disclosure report detailing the condition of the home.
Data retrieved from Data Commons and Census Bureau profiles for ZCTA 62668.
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.
A significant local landmark and tourist attraction.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.