Is it affordable or expensive to live in 62563, IL?

It is affordable to live in 62563. Buying a home in 62563 is 1% less expensive compared with the national average.

Is it a good time to buy property in 62563, IL?

Yes now is a good time to buy property in 62563, in May 2026, homes in 62563 have decreased in value (price per sqft) by 8% in the last year compared with May 2025.

Is the 62563, IL housing market slowing down?

In May 2026, homes to buy in 62563 spent an median 32 days on the market, a same May 2025 last year.

What are the best and safest places to live in 62563, IL?

The best and safest neighborhoods to live in 62563 in May 2026 are Lake Pointe, Springfield Lake Shore Improvement, Washington Knolls, Mill Creek, Williams Boulevard, Piper Glen, West Koke Mill, Trevi Gardens, Westchester, Twin Lakes, Country Place, Westwood Forum, Glen Aire, Near South, Springfield South Corridor, Grand Central, Old Aristocracy Hill, Lincoln Park, Those Who Care With Integrity, Martin Luther King

How much money should I make to buy a house in 62563, IL?

In May 2026, 62563 homes were listed to buy for a median price of $329K, with 25% down you would need $2.2K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $75.4K.

Is it a good time to sell my house in 62563, IL?

Yes now is a good time to sell your house in 62563, in May 2026, homes in 62563 have decreased in value (price per sqft) by 8% in the last year compared with May 2025.