Zip lookup · IL

62842
Mount Erie, Illinois.

Mount Erie, Wayne County, IL · population 724

What it costs per month · 62842 $636/mo

to buy the typical home at today's mortgage rate — $62 (-9%) since Nov 2023.

What the home itself did
1 year
Down $4,899 -4%
$126,126$121,227 since Sep 2025

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 62842 $636 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 62842$636
  • United States$1,922

Typical home values in zip 62842 fell 3.9% over the past year — slower than the nation's +1.2%.

Typical home value $121,227 as of Sep 2026
-3.9%year on year

Typical home value — 62842

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2024 2025 2026 62842 $121,227 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2024 2025 2026
  • 62842$121,227
  • 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 62823 Cisne 1,823 — $138,707
7.3 62837 Fairfield 7,868 — $105,378
9.1 62446 Mount Erie 318 — $155,133
14.0 62824 Clay City 1,485 — $94,627
14.6 62895 Wayne City 1,960 — $134,435
14.8 62839 Flora 6,183 — $99,762
16.7 62868 Noble 1,463 — $133,989
17.6 62806 Albion 3,436 — $126,854
18.0 62899 Xenia 2,022 — $133,350

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