October's First-Time Homebuyer Report for 61250 Zip Code

The 61250 zip code is a zip code in Illinois with a median income of $50,719 per household. Besides being somewhat affluent, its population is younger than others with a median age of 41 years. Detached homes account for 100% of the area's current housing market.

Price Range

Home values in the 61250 zip code are generally in line with others in the state with a median home value of $105,000 and an average list price of $124,458. Over the last 30 days, an established upward sales trend continued in the 61250 zip code market, even as sales remained flat at one this week.

Make sure you take a look at these eye-catching homes in the 61250 zip code that generated the most views from potential buyers:

$127K   $132K  

Typical Dwelling

A three-bedroom detached home valued around $123,975 is considered a typical dwelling in the 61250 zip code. If a buyer was looking for a similar home, they would need good credit and a $24,795 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $843 and the property tax rate is $17.74 per $1,000 of taxable assessed value.

Get started right now by checking out 61250 homes for sale or reviewing 61250 real estate trends.


Data reported through 10/13/2016

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