Median home value in zip code 62707 (Springfield, IL) is $223K, up 10.0% year over year. Part of the Springfield, IL metropolitan area.
Full stress scores, AI analysis, and 12-month forecast: Springfield, IL metro →
Home Value$223,389
YoY Change
+10.0%
AFFORDABILITY6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for 62707 (Springfield).
$44,678 on $223,389
Affordable — 27.1% of income
Under the 28% guideline.
PITI$1,695
P/I27.1%
Afford$231K
Room+$7K
P&I $1,130Tax $415Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Metro Analysis
62707 is part of the Springfield, IL metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.
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