62519 ZIP Code Housing Market
$65,900median sale price
Quick answer: The median home sale price in ZIP code 62519 is $65,900, down 5.9% year-over-year. Homes sell in an average of 12 days. The market is currently a balanced market.
62519 market data
| Metric | Value |
|---|---|
| Median sale price | $65,900 |
| Year-over-year price change | -5.9% |
| Average days on market | 12 days |
| Sale-to-list price ratio | 94.3% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The 62519 zip code, located in Sherrard, IL, is currently classified as a balanced market. The median sale price stands at $65,900, representing a -5.9% change year over year. Homes in this area spend an average of 12 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 62519 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
1
Last 12 weeks
Days on market
12
Fast-moving
Active listings
—
Sale-to-list
94.3%
Below asking
Market trends
Market analysis for 62519
The 62519 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 94.3% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 62519 have declined -5.9% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
Community profile
Population
24
Owner-occupied
10000.0%
Living in 62519
Zip code 62519 is home to approximately 24 residents. Approximately 10000.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 62519.
Frequently asked questions about 62519
What is the median home price in 62519?
The current median sale price in 62519 is $65,900, based on recent Redfin transaction data. Prices have changed -5.9% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 62519 a buyer's or seller's market?
The 62519 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 62519?
Zip code 62519 has a population of approximately 24 residents. About 10000.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 62519?
Properties Incorporated provides comprehensive data for 62519 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 62519 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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