SIALIMStatistical Intelligence for America's Local Investment Markets

62629 — Chatham, IL Home Values

Typical home value $308,320 as of August 2026 · 5th of 27 in Springfield, IL

Typical value — August 2026
$308,320
observed, not a forecast
Past 12 months
+6.8%
trailing year-over-year change
Past 5 years
+41.6%
August 2021 to August 2026
Rank in metro
5th
of 27 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 62629, August 2021 to August 2026. This page shows observed data only; no forecast.

How 62629 compares in the Springfield, IL area

ZIP code 62629 (Chatham, IL) has a typical home value of $308,320 as of August 2026, ranking 5th of 27 ZIP codes tracked in the Springfield, IL area, more expensive than about 85% of ZIP codes in the metro. Prices here have moved +6.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +41.6%, from $217,743 in August 2021 to $308,320 in August 2026. Against observed rent, the typical home here sells for 16× the annual rent ($1,604/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Springfield, IL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Springfield.

Population and demographics

ZIP code 62629 has a population of 15,369, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 91% White, 3.2% two or more races, 2.3% Asian, 2.2% Black or African American, 1.2% Hispanic or Latino, and 0.1% Native Hawaiian or Pacific Islander.

Nearby public schools

SchoolAddressDistance
Chatham Elem School525 S College St, Chatham, IL0.7 mi
Glenwood Elementary School1401 E Plummer Blvd, Chatham, IL1.5 mi
Glenwood High School1501 E Plummer Blvd, Chatham, IL1.7 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 62629?

$308,320 as of August 2026, the latest month Zillow has published observed data for.

Is 62629 an expensive ZIP code in the Springfield, IL area?

62629 ranks 5th of 27 ZIP codes in the Springfield, IL area by typical home value, more expensive than about 85% of ZIP codes in the metro.

How much have home values in 62629 changed over the past year?

+6.8% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 62629?

The typical home price is 16× the observed annual rent in this ZIP code ($1,604/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 62629?

15,369, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 62629?

Chatham Elem School (0.7 mi), Glenwood Elementary School (1.5 mi), Glenwood High School (1.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 62629?

No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Springfield, IL forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.