Zip lookup · IL

62556
Palmer, Illinois.

Palmer, Christian County, IL · Taylorville, IL metro · population 370

What it costs per month · 62556 $674/mo

to buy the typical home at today's mortgage rate — +$353 (+110%) since Feb 2021.

What the home itself did
1 year
Up $12,457 +11%
$115,937$128,394 since Sep 2025
5 years
Up $28,874 +29%
$99,520$128,394 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 62556 $674 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 62556$674
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 14 years.

Typical home values in zip 62556 rose 10.7% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Palmer, IL — measured over the city limits, which is a different area from this zip.

Typical home value $128,394 as of Sep 2026
+10.7%year on year

Typical home value — 62556

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2021 2022 2023 2024 2025 2026 62556 $128,394 Taylorville $136,067 United States $366,157
$100,000 $200,000 $300,000 2022 2024 2026
  • 62556$128,394
  • Taylorville$136,067
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
4.6 62546 Morrisonville 1,521 — $159,973
7.7 62568 Taylorville 15,952 — $146,535
8.0 62555 Owaneco 1,358 — $185,824
8.6 62540 Kincaid 1,297 — $111,849
8.9 62570 Tovey 629 — $103,631
11.1 62538 Harvel 342 — $158,521
12.1 62075 Nokomis 3,330 — $116,285
12.5 62558 Pawnee 3,639 — $192,643
13.7 62533 Farmersville 908 — $170,350
13.9 62531 Edinburg 1,816 — $172,113
14.9 62557 Pana 6,878 — $109,591
15.4 62094 Witt 1,107 — $94,781
15.7 62567 Stonington 831 — $128,444
16.6 62530 Divernon 1,558 — $162,755
16.9 62560 Raymond 1,446 — $168,977
18.3 62051 Irving 791 — $148,166
18.6 62563 Rochester 5,766 — $299,035
18.7 62536 Glenarm 1,049 — $297,881
18.8 62510 Assumption 1,677 — $131,796
19.0 62572 Waggoner 420 — $153,782
19.6 62553 Oconee 318 — $202,315

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.