The story of this market
The typical home in ZIP 62420 sells for about $164,950, or $98 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $701 a month.
ZIP 62420 — Casey
The housing market in 62420 is characterized by low inventory and modest price growth, reflecting a stable, small-town environment. Demand remains steady among local buyers, though the limited number of listings keeps sales volume low. Prices have trended upward over the last decade, consistent with broader regional trends in rural Illinois.
This ZIP is well-suited for families and individuals seeking an affordable, quiet, small-town lifestyle with low cost-of-living, though it requires a car for most daily needs.
Median prices moved up 2.5% year over year.
Homes spend a median of 87 days on market with 6.4 months of supply — a balanced-paced 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 4.7% · poverty 8.4% — 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 6.3%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 62420, Illinois
Crime rates in the Casey area are generally low and consistent with rural Illinois trends, remaining well below national averages for violent and property crime.
The area is served by Casey-Westfield Community Unit School District 4, which maintains a stable reputation for providing foundational education in a small-town setting.
The region faces moderate risk from severe thunderstorms and occasional high winds, with standard flood insurance requirements for properties located near local creek basins.
Economic momentum is driven by local manufacturing, agriculture, and small-business services, with limited large-scale industrial expansion 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.
Commuting is primarily car-dependent, with residents utilizing Illinois Route 49 and nearby highway access to reach regional employment hubs in larger neighboring counties.
The area features local parks and community-focused outdoor spaces, with proximity to regional lakes and rural trails providing modest recreational opportunities.
The rental market is characterized by low inventory and steady demand from local workers, with limited turnover and minimal presence of institutional short-term rental operators.
The local economy is anchored by agriculture, manufacturing, and retail services, with a focus on maintaining the town's unique tourism-based identity.
Transportation is dominated by private vehicle use, with Illinois Route 49 serving as the primary artery for regional connectivity.
Development is largely incremental, focusing on small-scale commercial improvements and residential maintenance within the city limits.
The Clark County Assessor manages property valuations, utilizing a mass appraisal system to determine fair market value for tax purposes.
Parcels are subject to local school district levies and county-wide emergency service district assessments.
Property insurance premiums are stable but reflect regional exposure to severe weather events common in the Midwest.
Data retrieved from US Census Bureau ACS 5-year tables for ZCTA 62420.
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.
- Richards Farm Restaurant4.53.7 mi
- World's Largest Rocking Chair4.82.8 mi
- World's Largest Pitchfork4.83.7 mi
- World's Largest Mailbox4.82.8 mi
- World's Largest Wind Chime4.72.8 mi
- Worlds Largest Golf Tee4.53.1 mi
- Lincoln Log Cabin State Historic Site4.714.7 mi
- Ashmore Estates4.719 mi
- Historic Cumberland County Covered Bridge4.711.6 mi
- Casey Community Club & Golf Course4.53.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Central community park featuring playgrounds and picnic areas.
Famous collection of world-record-sized roadside attractions that anchor local tourism.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.