62881 — Salem, IL Home Values
Typical home value $146,885 as of June 2026 · 3rd of 9 in Centralia, IL
Blue: typical home value (Zillow ZHVI) in ZIP code 62881, June 2021 to June 2026. This page shows observed data only; no forecast.
How 62881 compares in the Centralia, IL area
ZIP code 62881 (Salem, IL) has a typical home value of $146,885 as of June 2026, ranking 3rd of 9 ZIP codes tracked in the Centralia, IL area, more expensive than about 78% of ZIP codes in the metro. Prices here have moved +7.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +31.6%, from $111,600 in June 2021 to $146,885 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Centralia, IL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Centralia.
Population and demographics
ZIP code 62881 has a population of 11,218, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 95% White, 2.3% Black or African American, 2% two or more races, 0.5% Asian, and 0.3% Hispanic or Latino.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Salem Community High School | 1200 N Broadway Ave, Salem, IL | 0.9 mi |
| Franklin Park Middle School | 1300 Bobcat Cir, Salem, IL | 1.5 mi |
| Hawthorn Elem School | 1300 Bobcat Cir, Salem, IL | 1.6 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 62881?
$146,885 as of June 2026, the latest month Zillow has published observed data for.
Is 62881 an expensive ZIP code in the Centralia, IL area?
62881 ranks 3rd of 9 ZIP codes in the Centralia, IL area by typical home value, more expensive than about 78% of ZIP codes in the metro.
How much have home values in 62881 changed over the past year?
+7.6% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 62881?
11,218, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 62881?
Salem Community High School (0.9 mi), Franklin Park Middle School (1.5 mi), Hawthorn Elem School (1.6 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 62881?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Centralia, 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.