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Scheller 62883

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Illinois
$38K
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.
2
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$94K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2022 · 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
2016201720182019202020212022
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
2016201720182019202020212022
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
2016201720182019202020212022
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
2016201720182019202020212022
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
2016201720182019202020212022
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
2016201720182019202020212022
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
2016201720182019202020212022
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
DecSep

Housing Stock

HomesHow many homes we have records for in this area.176
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$94K
Median sizeThe middle home size here, measured in square feet.980 ft²
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1979
Single familyThe share of homes here that are single-family houses.83%

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.64%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.6.3%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.89%
Company ownedThe share of homes owned by a company or trust instead of a person.15%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.31%
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.118
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.214

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.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.3%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
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.870
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.20 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$62K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$75K
Average tempThe average temperature here across a full year.56°F
Annual precipHow much rain and melted snow falls here in a typical year.43 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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 Scheller 62883 compares

By median home value, Scheller 62883 is the 9th most expensive of 11 ZIP codes in Jefferson County, and its typical home is worth more than 45% of all homes in Jefferson County.

Home values in Scheller 62883

Share of homes at each estimated value.

Median
$44K$249K
ZIP codes in Jefferson County ranked by median home value
#Jefferson CountyMedian valueHomes
1Texico 62889$157K161
2Woodlawn 62898$150K529
3Dix 62830$145K362
4Belle Rive 62810$115K283
5Opdyke 62872$112K287
6Waltonville 62894$109K278
7Mount Vernon 62864$107K7,975
8Bluford 62814$97K590
9Scheller 62883$94K176
10Bonnie 62816$89K465
11Ina 62846$81K242

About the Scheller 62883 market

What is the median home price in Scheller 62883, IL?

The median sale price in Scheller 62883, IL is $37,500 (data through July 2022), based on deeds recorded with the county.

How many homes sell in Scheller 62883, IL each year?

2 homes sold in Scheller 62883, IL over the last 12 months (data through July 2022). 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 Scheller 62883, IL?

Scheller 62883, IL contains 176 residential properties, with a median of 980 square feet, built around 1979. The median TopHap Estimate is $94K.

How does Scheller 62883, IL compare to the rest of Jefferson County?

By median home value, Scheller 62883, IL is the 9th most expensive of 11 ZIP codes in Jefferson County. Its typical home is worth more than 45% of all homes in Jefferson County. Bluford 62814 ranks just above it and Bonnie 62816 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Scheller 62883, IL?

89% of homes in Scheller 62883, IL are owner-occupied. 15% are held by a company rather than an individual.

How much equity do owners in Scheller 62883, IL hold?

64% of mortgaged homes in Scheller 62883, IL are equity-rich, meaning the loan balance is under half the home's value. 6.3% owe more than the home is worth.

Nearby markets

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Explore Scheller 62883 on the map

See every recorded sale, price heat map, school zone and flood overlay across Scheller 62883 in TopHap’s interactive 3D map.

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