62554 — Oreana, IL Home Values
Typical home value $182,533 as of June 2026 · 5th of 13 in Decatur, IL
Blue: typical home value (Zillow ZHVI) in ZIP code 62554, June 2021 to June 2026. This page shows observed data only; no forecast.
How 62554 compares in the Decatur, IL area
ZIP code 62554 (Oreana, IL) has a typical home value of $182,533 as of June 2026, ranking 5th of 13 ZIP codes tracked in the Decatur, IL area, more expensive than about 69% of ZIP codes in the metro. Prices here have moved +9.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +40.8%, from $129,675 in June 2021 to $182,533 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Decatur, IL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Decatur.
Population and demographics
ZIP code 62554 has a population of 1,738, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 89% White, 3.9% Black or African American, 2.7% Hispanic or Latino, 2.4% two or more races, 1.5% another race, and 0.5% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Argenta-Oreana Elementary School | 400 W South St, Oreana, IL | 0.8 mi |
| Maroa-Forsyth Grade School | 641 E Shafer St, Forsyth, IL | 3.3 mi |
| Heartland Technical Academy | 1 College Park, Decatur, IL | 4.2 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 62554?
$182,533 as of June 2026, the latest month Zillow has published observed data for.
Is 62554 an expensive ZIP code in the Decatur, IL area?
62554 ranks 5th of 13 ZIP codes in the Decatur, IL area by typical home value, more expensive than about 69% of ZIP codes in the metro.
How much have home values in 62554 changed over the past year?
+9.8% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 62554?
1,738, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 62554?
Argenta-Oreana Elementary School (0.8 mi), Maroa-Forsyth Grade School (3.3 mi), Heartland Technical Academy (4.2 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 62554?
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 Decatur, 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.