Median home value in zip code 62556 (Palmer, IL) is $126,591, up 13.3% year over year. Part of the Taylorville, IL metropolitan area.

Home Value$126,591

YoY Change

+13.3%

Prices rising — worse for buyers.

Affordability

Enter your income for 62556 (Palmer).

Income (annual)

Down Payment

$25,318 on $126,591

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

Affordable16.4% of income

Under the 28% guideline.

PITI$1,025

P/I16.4%

Afford$216K

Room+$90K

P&I $640Tax $235Ins $150

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

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

Metro Analysis

62556 is part of the Taylorville, IL metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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