62297 Zip Code First-Time Homebuyer Report for October

The 62297 zip code is much younger than the rest of Illinois, with a median age of 45. It's less affluent than average as well, with a median income of $45,286 per household. Detached homes account for 100% of the area's current housing market.

Price Range

The median value of homes in the 62297 zip code is $85,900, making the area almost identical to others in Illinois. At the same time, the average list price of available homes is presently $91,720. Yet again, no deals were completed in the 62297 zip code market over the last 30 days. The 62297 zip code is used to having 0.2 sales per month.

Typical Dwelling

A two-bedroom detached home valued around $42,450 is considered a typical dwelling in the 62297 zip code. If a buyer was looking for a similar home, they would need good credit and a $8,490 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $61 and the property tax rate is $12.94 per $1,000 of taxable assessed value.

Get started right now by checking out 62297 homes for sale or reviewing 62297 real estate trends.


Data reported through 10/13/2016

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