60101, Addison, IL

The home equity and home prices in the 60101 zip code of Addison, IL are very high. In fact, according to Zillow, the median home value in this zip code is $269,900. This is a far cry from the average home value of $148,000 that is seen throughout most of Illinois. The high values can be attributed to a number of factors, including the strong economy and low interest rates.

Another contributing factor to the high values in this zip code is the availability of quality homes. There are a lot of homes available for sale in this area, which means that there is plenty of competition among buyers. This competition drives up prices because buyers are forced to offer higher bids than they would if there were more available options.

Finally, Addison has a lot going for it when it comes to housing. The city is located close to many major attractions and businesses, which makes it an attractive place to live. Additionally, Addison has a good school system and plenty of amenities available nearby. These factors all contribute to making homes in this area some of the most expensive on the market today.