October's First-Time Homebuyer Report for 61063 Zip Code

61063 is a zip code that is growing faster than others in Illinois at a 10-year growth rate of 16.7%. It also has a larger than average population of 4,151 people. The 61063 zip code is made up of homes that are relatively old with a median of 38 years.

Culture

If you're into the outdoors, great attractions in 61063 include Winnebago County Fairgrounds and Westlake Village Park, according to Foursquare. Recommended places to eat are Harvest Restaurant, F Cimino Pizza, and Subway. To top it off, one of the most popular places to get a drink is Booties Bar.

Price Range

The 61063 zip code has some of the more affordable homes in the state with a median home value of $80,200 and a current average list price of $125,121. The number of homes coming into the 61063 zip code market rose to one listing over the last 30 days, while sales remained right where they were as once again one home was sold over the same period.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 61063 zip code:

$135K   $124K   $209K  

Typical Dwelling

A three-bedroom detached home valued around $152,220 is considered a typical dwelling in the 61063 zip code. If a buyer was looking for a similar home, they would need good credit and a $30,444 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,357 and the property tax rate is $25.64 per $1,000 of taxable assessed value.

Get started right now by checking out 61063 homes for sale or reviewing 61063 real estate trends.


Data reported through 10/13/2016

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