City:
Goodfield is a city in the state of illinois with a population of roughly 1,263. It is in Woodford County, Illinois the Peoria, IL core-based statistical areas (CBSA), and the Peoria-Canton, IL combined statistical area (CSA).Its Zip codes include 61742 .
Real estate in Goodfield, Illinois is a hot commodity. The city has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates.
The median home price in Goodfield was $269,900 as of September 2017, according to the Chicago Tribune. This is up from $225,000 just five years ago. The city's population has also grown by more than 10% since 2010, so there's definitely demand for housing here.
Rental rates are also high in Goodfield. As of September 2017, the average rent for a one-bedroom apartment was $1,050 per month and the average rent for a two-bedroom apartment was $1,350 per month. These rates are significantly higher than the national average of $971 and $1,183 respectively.
One reason why real estate prices and rental rates are so high in Goodfield is because of its proximity to major cities like Chicago and Springfield. Both cities have a large population that needs housing options, which drives up demand for property here. Additionally, Goodfield is located near several major highways that make it easy to get around town.
Price Index: Peoria, IL