61704, Bloomington, IL

The Bloomington, Illinois zip code 61704 has a population of around 106,000 people. The median household income in this zip code is $72,500 and the median home value is $236,000. This means that the home equity in this zip code is around $128,000.

There are a lot of factors that affect home equity values. Some of these factors include the current market conditions, how much money you have saved up for a down payment, how much debt you have on your mortgage and your credit score.

If you are looking to buy a house in Bloomington, IL or any other area of the country for that matter, it is important to do your research and get pre-approved for a loan so that you know exactly what you are getting yourself into. There are many different types of loans available and it is important to find one that fits your specific needs.

Another thing to consider when buying a house is whether or not you want to use cash or borrow money against your home equity. If you choose to borrow money against your home equity, make sure to get an appropriate interest rate so that you don't end up paying more than necessary over the course of the loan term.