ZIP Code Market Report
62650 — Jacksonville, IL
Data through February 2026 · Updated monthly
Avg Home Value
$136,867
▲ 5.6% year-over-year
Month-over-Month
-0.8%
▼ 0.8%
Single Family
$134,750
Condo / Co-op
--
The average home value in the 62650 ZIP code (Jacksonville, Illinois) is $136,867 as of February 2026. Home prices are rising, up 5.6% compared to last year.
The market in 62650 has a $164,299 spread between bottom-tier homes at $65,193 and top-tier homes at $229,491. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 62650 ZIP code will decrease 0.1% over the next 12 months, bringing the projected average to approximately $136,730. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Morgan County market area in Illinois. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Morgan County report.
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Market Snapshot
62650 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $138,204 | $137,917 | $136,867 | ▼ 1.0% |
| Single Family Value | $132,351 | $133,798 | $134,750 | ▲ 1.8% |
Home Values
62650 Home Value Trend
Historical home values for ZIP code 62650. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 62650
How different property types compare in this ZIP code.
All Homes
$136,867
Single Family
$134,750
Bottom Tier
$65,193
Top Tier
$229,491
Forecast
12-Month Home Value Forecast for 62650
Zillow projects home values in 62650 will decrease 0.1% over the next year, reaching approximately $136,730.
Current Value
$136,867
Projected Change
-0.1%
▼ 0.1%
Projected Value
$136,730
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 62650 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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