ZIP Code Market Report
62288 โ Steeleville, IL
Data through February 2026 ยท Updated monthly
Avg Home Value
$164,830
โฒ 12.7% year-over-year
Month-over-Month
+0.3%
โฒ 0.3%
Single Family
$162,937
Condo / Co-op
--
The average home value in the 62288 ZIP code (Steeleville, ILLINOIS) is $164,830 as of February 2026. Home prices are rising, up 12.7% compared to last year.
A 3-bedroom home in 62288 is valued at $157,804.
The market in 62288 has a $147,112 spread between bottom-tier homes at $107,383 and top-tier homes at $254,495. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Randolph County market area in ILLINOIS. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Randolph County report.
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Market Snapshot
62288 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 | $163,295 | $164,409 | $164,830 | โฒ 0.9% |
| Single Family Value | $158,240 | $160,800 | $162,937 | โฒ 3.0% |
Home Values
62288 Home Value Trend
Historical home values for ZIP code 62288. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
By Bedroom
What Homes Cost in 62288
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 3 Bedrooms | $157,804 |
Property Types
Home Values by Property Type in 62288
How different property types compare in this ZIP code.
All Homes
$164,830
Single Family
$162,937
Bottom Tier
$107,383
Top Tier
$254,495
Data Sources and Methodology
Home value data for ZIP code 62288 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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