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Grand Tower 62942

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Illinois
$23K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
3
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$34K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Oct 2023 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
201820192020202120222023
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
201820192020202120222023
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
201820192020202120222023
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
201820192020202120222023
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
201820192020202120222023
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
201820192020202120222023
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
201820192020202120222023
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
201820192020202120222023

Housing Stock

HomesHow many homes we have records for in this area.271
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$34K
Median sizeThe middle home size here, measured in square feet.1,088 ft²
Median bedroomsThe middle bedroom count for homes here.2
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1959
Single familyThe share of homes here that are single-family houses.89%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.82%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.3.2%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.73%
Company ownedThe share of homes owned by a company or trust instead of a person.3.7%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.126.6 yrs

CommunityThese 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.125
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.75
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.298

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.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.430
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.13 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$59K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$70K
Average tempThe average temperature here across a full year.57°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Grand Tower 62942 compares

By median home value, Grand Tower 62942 is the 16th most expensive of 16 ZIP codes in Jackson County, and its typical home is worth more than 3% of all homes in Jackson County.

Home values in Grand Tower 62942

Share of homes at each estimated value.

Median
$12K$177K
ZIP codes in Jackson County ranked by median home value
#Jackson CountyMedian valueHomes
1Carbondale 62902$188K1,595
2Carbondale 62903$186K717
3Makanda 62958$183K966
4Pomona 62975$145K155
5Ava 62907$141K984
6Carbondale 62901$124K5,491
7Campbell Hill 62916$123K364
8Rockwood 62280$120K120
9Murphysboro 62966$118K5,700
10Vergennes 62994$111K336
11De Soto 62924$107K1,174
12Jacob 62950$89K104
13Elkville 62932$87K676
14Dowell 62927$49K193
15Gorham 62940$47K193
16Grand Tower 62942$34K271

About the Grand Tower 62942 market

What is the median home price in Grand Tower 62942, IL?

The median sale price in Grand Tower 62942, IL is $22,500 (data through October 2023), based on deeds recorded with the county.

How many homes sell in Grand Tower 62942, IL each year?

3 homes sold in Grand Tower 62942, IL over the last 12 months (data through October 2023). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Grand Tower 62942, IL?

Grand Tower 62942, IL contains 271 residential properties, with a median of 1,088 square feet, 2 bedrooms, built around 1959. The median TopHap Estimate is $34K.

How does Grand Tower 62942, IL compare to the rest of Jackson County?

By median home value, Grand Tower 62942, IL is the 16th most expensive of 16 ZIP codes in Jackson County. Its typical home is worth more than 3% of all homes in Jackson County. Gorham 62940 ranks just above it. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Grand Tower 62942, IL?

73% of homes in Grand Tower 62942, IL are owner-occupied. 4% are held by a company rather than an individual.

How much equity do owners in Grand Tower 62942, IL hold?

82% of mortgaged homes in Grand Tower 62942, IL are equity-rich, meaning the loan balance is under half the home's value. 3.2% owe more than the home is worth.

Nearby markets

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Explore Grand Tower 62942 on the map

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