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Residential - Vacant LandResidential
$118,963
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 83How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $180,000 on Nov 13, 2025

242 STEPHENSON LN

SPRINGFIELD, IL 62707
0
Baths
2.38 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$119K
$99K low$139K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$180,000 · Nov 13, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$276 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$4,255 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$4,255
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$3,996
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$11,988

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential - Vacant Land
CountySANGAMON
Lot (acres)The size of the land the home sits on, from county records.2.38
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Rochester Jr High SchoolB
Middle · Grades 7–8 · 3.8 mi
H
Rochester High SchoolA-
High · Grades 9–12 · 3.8 mi
E
Rochester Elementary Early Childhood-1 School
Elementary · Grades PK–1 · 4.0 mi

District: Rochester Community Unit School District 3a

Neighborhood · ZIP 62707These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.71
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.82
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.47

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.10,253
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.228 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$90,137
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$103,073
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

242 Stephenson Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 85% of homes in Springfield 62707
  • Has a bigger lot than 96% of homes in Sangamon County

What homes are worth in Springfield 62707

Each bar is how many homes fall in that price range. The marker is this home.

This home
$59K$545K

This home is worth more than 15% of homes in Springfield 62707.

How it measures up in Springfield 62707

The dot is this home. The mark in the middle is the typical home in Springfield 62707.

Estimated value$118,963
CheaperTypical $192,323Pricier

Pricier than 15% of homes nearby

Lot size2.38 ac
SmallerTypical 0.6 acBigger

Bigger than 86% of homes nearby

How 242 Stephenson Ln ranks against every home in each area.
MeasureThis homeSpringfield 62707Sangamon County
Estimated valuepricier than$118,96315% of homes30% of homes
Lot sizebigger than2.38 ac86% of homes96% of homes

About 242 Stephenson Ln

How much is 242 Stephenson Ln, Springfield, IL worth?

The TopHap Estimate for 242 Stephenson Ln, Springfield, IL is $118,963 as of Sep 24, 2026. The likely range is $98,702 to $139,224. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 242 Stephenson Ln, Springfield, IL last sell?

242 Stephenson Ln, Springfield, IL last sold on Nov 13, 2025 for $180,000, according to the county's recorded deed.

What schools serve 242 Stephenson Ln, Springfield, IL?

242 Stephenson Ln, Springfield, IL is assigned to Rochester Jr High School (middle), rated B; Rochester High School (high), rated A-; Rochester Elementary Early Childhood-1 School (elementary). All sit in Rochester Community Unit School District 3a. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 242 Stephenson Ln, Springfield, IL compare to other homes in Springfield 62707?

Among the 2,743 homes in Springfield 62707, it is worth more than 15% of them ($118,963 against a typical $192,323) and its lot is bigger than 86% of them (2.38 ac against a typical 0.6 ac). Measured against all of Sangamon County, it is worth more than 30% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 242 Stephenson Ln, Springfield, IL?

The 2025 property tax bill for 242 Stephenson Ln, Springfield, IL was $276. The county assessed it at $4,255.

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