What the Pros Know
Market Snapshot
Zip Code 62040 | Madison County, IL
40,716
Population
YoY
202239.3
Median Age
YoY
2022$59,542
Median Household Income
YoY
2022$139,000
Median Sale Price
0.7% MoM
6.9% YoY
6/2025142
Homes Sold
3.4% MoM
8.4% YoY
6/20250.9
Months Inventory
18.2% MoM
30.7% YoY
6/202531
Days on Market
1 MoM
1 YoY
6/2025121
Listings
14.2% MoM
24.7% YoY
6/2025102
Price per Sq Ft
3.2% MoM
3.7% YoY
6/2025
See 62040 on Zillow
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.