The story of this market
The typical home in ZIP 62062 sells for about $389,814, or $155 per square foot.
Prices are up +16% from a year ago, so sellers still have some momentum. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $1,240 a month.
ZIP 62062
The Maryville housing market is currently in a seller's market phase, characterized by a 16% year-over-year increase in median sale prices to $389,814. Strong demand for single-family homes is evidenced by a high sale-to-list ratio of 100.1% and a significant surge in residential building permits. The market remains competitive with low inventory levels.
This ZIP is ideal for family buyers seeking single-family homes in a growing suburban environment with good access to the St. Louis metro area.
Median prices moved up 16.0% year over year.
Homes spend a median of 41 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 2.5% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 62062, Madison County IL
The area is served by public schools generally characterized as high-performing within the regional context.
Maryville has seen a significant surge in residential construction, with a 59.1% increase in construction value and an 81% increase in permitted units in 2024, exclusively focused on single-family homes.
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.
Maryville is a suburban community with residents primarily commuting to the St. Louis metropolitan employment core via regional highway corridors.
The area features local parks and proximity to regional trail systems and shopping centers in neighboring Edwardsville and Glen Carbon.
The rental market is experiencing upward pressure, with the 2-bedroom Fair Market Rent increasing 13.8% to $1,240 for FY 2027.
The local economy is supported by the broader St. Louis metropolitan labor market, with significant residential development driving local investment.
The area relies on highway infrastructure for regional connectivity to the St. Louis metro area.
Development is currently dominated by single-family residential subdivisions.
Madison County assessments are managed by the county assessor's office.
Parcels are subject to local school district and municipal taxing authorities.
Data retrieved from data.census.gov ZCTA profiles.
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. Source: NCES EDGE public school locations 2023-24.
Various community parks serving the village residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.