62638
Franklin, Illinois.
Franklin, Morgan County, IL · Jacksonville, IL metro · population 1,485
to buy the typical home at today's mortgage rate — +$330 (+78%) since Jan 2020.
- 1 year
- Down $996 -1%
- $144,570$143,574 since Sep 2025
- 5 years
- Up $26,575 +23%
- $116,999$143,574 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.
- 62638$754
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in zip 62638 fell 0.7% over the past year — slower than the nation's +1.2%.
This zip spans 2 counties: Morgan County, IL 96% · Macoupin County, IL 4%
Zillow also publishes an index for the city itself: Franklin, IL — measured over the city limits, which is a different area from this zip.
Typical home value — 62638
Mid-tier homes, smoothed and seasonally adjusted.
- 62638$143,574
- Jacksonville$130,480
- 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 |
|---|---|---|---|---|---|
| 7.6 | 62695 | Woodson | 501 | — | $133,204 |
| 7.8 | 62692 | Waverly | 2,005 | — | $117,279 |
| 8.5 | 62668 | Murrayville | 1,249 | — | $141,845 |
| 10.2 | 62601 | Alexander | 344 | — | $159,803 |
| 11.6 | 62650 | Jacksonville | 24,821 | — | $142,664 |
| 12.2 | 62674 | Palmyra | 1,447 | — | $131,173 |
| 13.5 | 62661 | Loami | 1,212 | — | $209,019 |
| 13.7 | 62670 | New Berlin | 2,682 | — | $232,060 |
| 15.0 | 62082 | Roodhouse | 2,265 | — | $81,896 |
| 17.5 | 62615 | Auburn | 5,198 | — | $192,308 |
| 18.0 | 62044 | Greenfield | 1,852 | — | $141,321 |
| 18.2 | 62690 | Virden | 3,838 | — | $125,303 |
| 19.0 | 62640 | Girard | 3,391 | — | $155,446 |
| 19.9 | 62629 | Chatham | 15,413 | $1,604 | $307,432 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.