ZIP Code Market Report
62983 — Royalton, IL
Data through February 2026 · Updated monthly
Avg Home Value
$83,828
▲ 0.9% year-over-year
Month-over-Month
+2.6%
▲ 2.6%
Single Family
$82,502
Condo / Co-op
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The average home value in the 62983 ZIP code (Royalton, ILLINOIS) is $83,828 as of February 2026. Home prices are stable, up 0.9% compared to last year.
This report is part of the Franklin County market area in ILLINOIS. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Franklin County report.
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Market Snapshot
62983 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 | $82,587 | $81,685 | $83,828 | ▲ 1.5% |
| Single Family Value | $82,081 | $81,999 | $82,502 | ▲ 0.5% |
Home Values
62983 Home Value Trend
Historical home values for ZIP code 62983. 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 62983
How different property types compare in this ZIP code.
All Homes
$83,828
Single Family
$82,502
Top Tier
$160,165
Data Sources and Methodology
Home value data for ZIP code 62983 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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