The story of this market
The typical home in ZIP 62952 sells for about $132,713, or $85 per square foot.
Prices are down 3.2% from a year ago, which gives buyers more room to negotiate. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $688 a month.
ZIP 62952 — Jonesboro
The housing market in 62952 is experiencing a period of price correction with a year-over-year decline of 3.2%. High vacancy rates and limited sales volume reflect a stagnant rural market where demand remains soft. Investors should note that the area does not currently meet the 1% rental yield rule.
This ZIP is best suited for local workers, retirees, and those seeking affordable rural living, as it lacks the high-density amenities or transit infrastructure preferred by urban commuters.
Median prices moved down 3.2% year over year.
Homes spend a median of 112 days on market with 8.4 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.8% · poverty 17.3% — 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 2.6%/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 62952, Union County IL
Schools in the Jonesboro area are primarily served by local district units; performance metrics are generally consistent with rural southern Illinois benchmarks.
The area is subject to standard regional risks including seasonal storm activity and localized flooding near the Mississippi River basin.
Economic momentum is modest, driven largely by local government, education, and agricultural support services in the Union County region.
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.
Commuting is primarily car-dependent, with residents traveling to nearby employment hubs like Anna or Carbondale via state routes.
The area offers access to the Shawnee National Forest and various outdoor recreational opportunities, including hiking and fishing in nearby state parks.
The rental market is characterized by low inventory and high vacancy rates, with rents largely influenced by HUD fair-market estimates.
The economy is anchored by public sector employment, agriculture, and small-scale retail services typical of southern Illinois.
Transportation is almost exclusively via private vehicle, with limited public transit options available for regional commuting.
Development activity is currently limited, with no major large-scale commercial or residential projects reported.
Parcels are subject to Union County property tax levies and local school district assessments.
Property insurance premiums are influenced by regional exposure to severe weather events common in the Midwest.
Data retrieved from US Census Bureau ZCTA profiles and local market aggregators.
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.
Large federal forest area providing extensive hiking, camping, and outdoor recreation.
Local community park providing green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.