Home values, rents and more in ZIP code 62556 (Palmer, IL)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 62556 in ProMap- Under $110k
- $110k–$130k
- $130k–$160k
- $160k–$170k
- $170k+
- No data
How 62556 compares
The typical home in ZIP code 62556 (Palmer, IL) is worth about $128,000, according to the Zillow Home Value Index for September 2026. Home values in 62556 are 6% below the typical value in the Taylorville metro area ($136,000) and 65% below the U.S. typical value ($366,000).
Over the past year, home values in 62556 rose 10.7%, compared with +4.5% in the Taylorville metro area and +1.2% nationally.
The median household income is $55,694, against $62,611 in the Taylorville metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 370 people live in 62556 (American Community Survey 2020–24).
62556 has the 4th-lowest typical home value of the 13 ZIP codes in the Taylorville metro area and the 184th-lowest of 1,084 in Illinois with Zillow figures.
Part of: Palmer, IL · Christian County, IL · Taylorville metro area · Illinois
More for 62556 in ProMap Plus
These measures are on the map for subscribers. Open ProMap to see them for 62556 and every other place.
- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.