SIALIMStatistical Intelligence for America's Local Investment Markets

62440Lerna, IL Home Values

Typical home value $181,022 as of June 2026 · 5th of 17 in Charleston-Mattoon, IL

Typical value — June 2026
$181,022
observed, not a forecast
Past 12 months
+16.0%
trailing year-over-year change
Past 5 years
+43.7%
June 2021 to June 2026
Rank in metro
5th
of 17 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 62440, June 2021 to June 2026. This page shows observed data only; no forecast.

How 62440 compares in the Charleston-Mattoon, IL area

ZIP code 62440 (Lerna, IL) has a typical home value of $181,022 as of June 2026, ranking 5th of 17 ZIP codes tracked in the Charleston-Mattoon, IL area, more expensive than about 76% of ZIP codes in the metro. Prices here have moved +16.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +43.7%, from $126,010 in June 2021 to $181,022 in June 2026.

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

Population and demographics

ZIP code 62440 has a population of 1,092, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 98.3% White, 1.6% two or more races, and 0.1% Hispanic or Latino.

Nearby public schools

SchoolAddressDistance
Lerna Bridges10 Third St, Lerna, IL1.9 mi
Carl Sandburg Elem School1924 Reynolds Dr, Charleston, IL6.9 mi
Arland D Williams Jr Elem Sch1709 S 9th St, Mattoon, IL7.3 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 62440?

$181,022 as of June 2026, the latest month Zillow has published observed data for.

Is 62440 an expensive ZIP code in the Charleston-Mattoon, IL area?

62440 ranks 5th of 17 ZIP codes in the Charleston-Mattoon, IL area by typical home value, more expensive than about 76% of ZIP codes in the metro.

How much have home values in 62440 changed over the past year?

+16.0% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 62440?

1,092, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 62440?

Lerna Bridges (1.9 mi), Carl Sandburg Elem School (6.9 mi), Arland D Williams Jr Elem Sch (7.3 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 62440?

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 Charleston-Mattoon, 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.