61764, Pontiac, IL

Pontiac, IL is located in the 61764 zip code. The median home value in this zip code is $101,000. The average home value in this zip code has increased by 7% over the past year. Pontiac's home equity has also increased by 7%.

The main reason for the increase in Pontiac's home values is due to an increase in demand for homes. There are a number of factors that have contributed to this increase, including low interest rates and increasing wages. Additionally, there are a number of new development projects underway that are expected to add more homes to the market over the next few years.

Despite these positive trends, there are still some areas of concern for homeowners in Pontiac. One issue is that there is a lot of competition for homes available on the market, which has driven up prices significantly. Additionally, there has been an uptick in foreclosure activity recently which could lead to a decrease in home values down the line.

Overall, it appears that Pontiac's home values are continuing to rise at a healthy pace and homeowners should be able to benefit from these increases over time.