The story of this market
The typical home in ZIP 62689 sells for about $279,000, or $85 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 $923 a month.
ZIP 62689 — Thayer
The housing market in 62689 is characterized by low inventory and stable, modest price growth consistent with the broader Springfield metro area. Demand remains steady for single-family homes, though transaction volume is limited by the small size of the ZIP code. Most market metrics are derived from the Springfield metro-level data due to the limited sample size of the specific ZCTA.
This ZIP is best suited for budget-conscious family buyers and commuters seeking a quiet, rural-adjacent lifestyle within reach of Springfield employment.
Median prices moved up 7.2% year over year.
Homes spend a median of 12 days on market with 1.3 months of supply — a fast-moving market.
17% 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 4.0% · poverty 6.1% — a stable, low-distress profile.
ZCTA 62689, 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.
Residents typically commute by car toward Springfield, IL, via I-55.
Local recreation is limited to small community parks and rural outdoor access within the immediate Thayer area.
The rental market is primarily composed of single-family homes with limited multi-family inventory.
The economy is anchored by the Springfield metropolitan area, which features significant employment in state government, healthcare, and education.
The area is served by regional highway corridors including I-55, with limited public transit options.
The Sangamon County Assessor manages property valuations for tax purposes.
Parcels are subject to local school district and county-level taxing authorities.
Standard Illinois property insurance market with typical exposure to wind and storm events.
Data retrieved from US Census Bureau ZCTA 62689 profiles.
- Knight's Action Park4.214.6 mi
- Malibu Jack's Springfield4.716.2 mi
- Sky Zone Trampoline Park4.315 mi
- BounceTag4.515.2 mi
- Chuck E. Cheese3.917 mi
- Golden Corral Buffet & Grill4.215.6 mi
- Bank of Springfield Center4.419.2 mi
- Knight's Action Park4.214.6 mi
- Malibu Jack's Springfield4.716.2 mi
- Boone's4.418.7 mi
- Chatham Community Park4.59.5 mi
- Historic Sugar Creek Covered Bridge4.78.8 mi
- Showtime Lanes Family Fun Center & Kaylee's Cafe4.51.5 mi
- Bridgeview Park4.511.6 mi
- Lincoln Home National Historic Site4.819 mi
- Abraham Lincoln Presidential Library and Museum4.819.3 mi
- Illinois State Museum4.618.8 mi
- Dana-Thomas House State Historic Site4.818.7 mi
- Old State Capitol State Historic Site4.619.2 mi
- Spartan Sports Park4.411.7 mi
- Chatham Community Park4.59.5 mi
- Bridgeview Park4.511.6 mi
- Island Bay Yacht Club4.714.1 mi
- Edgewood Golf Club4.61.7 mi
- Piper Glen Golf & Social Club4.411.5 mi
- Apple Barn4.610.6 mi
- Abraham Lincoln Capital Airport4.121.7 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.