62831 Zip Code's October First-Time Homebuyer Report

The 62831 zip code is a zip code in Illinois with a median income of $47,628 per household. Besides being somewhat affluent, its population is much younger than others with a median age of 43 years. The 62831 zip code market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area.

Culture

According to Foursquare, Mule Barn is the most popular spot to grab a drink in 62831.

Price Range

The median value of homes in the 62831 zip code is $71,900, making it one of the lower priced areas in Illinois. At the same time, the average list price of available homes is presently $118,095.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 62831 zip code:

$149K  

Typical Dwelling

A four-bedroom detached home valued around $149,000 is considered a typical dwelling in the 62831 zip code. If a buyer was looking for a similar home, they would need good credit and a $29,800 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $110 and the property tax rate is $15.71 per $1,000 of taxable assessed value.

Get started right now by checking out 62831 homes for sale or reviewing 62831 real estate trends.


Data reported through 10/13/2016

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