61027, Eleroy, IL

The 61027 zip code of Eleroy, IL has a median home value of $128,000 and a median home equity value of $101,000. This is lower than the Illinois median home value of $183,500 and the national median home equity value of $142,700.

There are a number of factors that may contribute to the lower home values in this zip code. One reason could be that this area is not as affluent as other parts of the state or country. Another possibility is that there are fewer homes for sale in this area, which could lead to higher prices because there is more demand. Additionally, homes in Eleroy may not be as updated or well-maintained as those in more affluent areas, which could also affect their values.

Despite these factors, it is still possible for someone who wants to buy a home in Eleroy to do so at a reasonable price. The availability of financing options can also help make buying a house more affordable for some people.