The story of this market
The typical home in ZIP 62964 sells for about $95,750, or $50 per square foot.
Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $592 a month.
ZIP 62964 — Mounds
The housing market in 62964 is characterized by very low inventory and a low price point, with a median price per square foot of $50. Activity is minimal, reflecting a quiet, rural market with limited turnover.
This area primarily serves budget-conscious buyers looking for low-cost, single-family residential options in a rural setting.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 92 days on market with 1.3 months of supply — a fast-moving market.
0% 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 3.6% · poverty 33.5% — a mixed stability profile.
ZIP code tabulation area 62964
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.
The local economy is primarily rural with limited large-scale industrial or corporate presence.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.