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62356 Housing Market, IL

Last updated August 2026

As of the latest data, the typical home in 62356 is valued around $106K, up 11.0% over the past 12 months. The market is home to roughly 518 residents. Looking ahead, Curb Report's 12-month price forecast points to strong growth ahead, housing crash risk is low, rental cap rates run above market median, the overall Investment Score grades strong. Below you'll find 62356's home prices, price forecast, crash and climate risk, property taxes, cap rate, and rental data, updated monthly from Zillow, the Census Bureau, FEMA, and 30+ sources. Create a free account to explore the full interactive map, or analyze a specific listing with Curb Check.

Median home value

$106K

1-year growth

+11.0%

Population

518

12-mo forecast

Strong growth ahead

Crash risk

Low

Cap rate

Above market median

Net migration

-15

Affordability

62/100

Today

Oct 13, 2026 | every business day | US Treasury

10-year Treasury 5.21%, -3 bp. Mortgage pricing tracks this, so it is the piece of a 62356 purchase that actually moved today.

What today’s rate does to a 62356 payment →

62356 housing market FAQ

Is now a good time to buy in 62356?

Curb Report's 12-month price forecast for 62356 currently points to strong growth ahead, with low housing crash risk. Create a free account to see the full forecast, the signals driving it, and historical trends before you buy.

What is the housing crash risk in 62356?

62356's housing crash risk is currently low, based on price-to-income, inventory, days-on-market, and overvaluation signals. See the full Crash Risk breakdown and what's driving it on Curb Report.

What is the median home price in 62356?

The typical home value in 62356 is about $106K, up 11.0% over the past year. Explore the full price history and 12-month forecast on Curb Report.

Is 62356 a good place to invest in rental property?

In 62356, rental cap rates run above market median and the overall Investment Score grades strong. Use the Curb Check tool to paste any Zillow or Redfin listing and get instant cap rate, cash flow, and a risk read for that specific property.

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Buying in 62356?

The buyer report puts conditions for buyers, the true monthly cost, negotiating leverage, and the risks to check on one page. $10 one-time, yours for good, updates monthly.

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