61275, Port Byron, IL

The Port Byron, IL 61275 zip code has a population of just over 5,000 people. The median household income in this zip code is just over $60,000. This means that the home equity and home prices in this area are both quite high.

As of September 2017, the median home value in the Port Byron 61275 zip code was $269,900. This is a very high number when compared to other areas of Illinois. In fact, it is almost double the median home value in the state as a whole ($142,500). This high value may be due to several factors:

1) The close proximity of major metropolitan areas (Chicago and Springfield) – many people who live in this area commute to work each day. They may be able to afford higher-priced homes because they can sell their homes quickly for a significant profit if they want to move.

2) The availability of large lots – many homes in this area are on large lots that allow for plenty of space for outdoor activities or gardens. This may also contribute to the high price tag on some homes here.

3) The low rate of foreclosure activity – although there have been a few foreclosures recently in this area, it is much lower than average for Illinois ZIP codes. This may help keep prices high and encourage more people to invest in property here.