Median home value in zip code 62440 (Lerna, IL) is $182,347, up 14.2% year over year. Part of the Charleston-Mattoon, IL metropolitan area.

Home Value$182,347

YoY Change

+14.2%

Prices rising — worse for buyers.

Affordability

Enter your income for 62440 (Lerna).

Income (annual)

Down Payment

$36,469 on $182,347

Example: $75,000 household income. Change it above to see your own.

Affordable22.6% of income

Under the 28% guideline.

PITI$1,411

P/I22.6%

Afford$226K

Room+$44K

P&I $922Tax $339Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

62440 is part of the Charleston-Mattoon, IL metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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