Zip Code:

60962, Roberts, IL

60962 is a Illinois Zip code within the city of Roberts and the county of Ford County. Its population is roughly 539.

The Real Estate Market in the 60962 Zip Code of Roberts, IL

The Roberts zip code has a median home value of $130,000 and a median home equity of $101,000. This means that the majority of homes in this zip code are valued at more than their original purchase price. Additionally, the average home value growth rate over the past five years has been 5%. This indicates that there is strong demand for housing in this area and that prices are likely to continue to rise.

While there may be some pockets of lower-priced homes in Roberts, on average, prices are higher here than in most other parts of Illinois. This is likely due to several factors: the presence of prestigious universities (such as Northwestern University and DePaul University), high-paying jobs (such as those in the medical field), and proximity to major metropolitan areas (such as Chicago). In addition, Roberts is located within commuting distance of several small towns which may also contribute to its high home values.

Overall, it seems that people in the Roberts area are very confident about their housing prospects and are willing to pay a premium for quality homes. This trend is likely to continue into the future, especially given the current low interest rates environment.

Price Index: Champaign-Urbana, IL

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