60432, Joliet, IL

The Joliet, IL 60432 zip code has a population of around 210,000 people and is located in the south-central part of the state. The median home value in this zip code is $123,000 which is about average for Illinois. Home equity in this area has been growing steadily over the past few years and there are now more than 10% of homes with equity. This trend is likely to continue as the economy continues to improve.

There are a number of factors that contribute to home equity growth in Joliet, IL. One reason is that many people here are able to afford mortgage rates that are lower than average, thanks in part to the strong economy. Additionally, Joliet has a high rate of homeownership which helps keep demand high for homes and keeps prices stable. Finally, there is a lot of investment activity going on in this area which also contributes to increased home values.