61772, Shirley, IL

The home equity and home prices in the 61772 zip code of Shirley, IL are reflective of the overall market conditions in the area. Over the past year, there has been a modest increase in both home equity and home prices. This is likely due to a number of factors including low interest rates, increasing demand for housing, and limited supply.

According to Zillow, the median home value in Shirley is $128,900. This is slightly higher than the statewide median of $127,500. However, when compared to other nearby zip codes such as Naperville or Elgin, Shirley’s median home value is relatively low. In fact, according to Zillow’s latest data (as of September 2018), only 5% of homes in Shirley have a median value above $200K.

Looking at specific neighborhoods within Shirley, it is clear that there are a variety of price points available. Neighborhoods such as The Lakeshore and Northwoods offer homes for under $100K while others like The Preserve and Woodlands can cost upwards of $300K+. It should be noted that not all areas within Shirley are equally expensive – some neighborhoods are more affordable than others based on location and amenities (e.g., schools).

When it comes to buying a home in Shirley, buyers should keep in mind that there is limited inventory available. As such, buyers may need to be patient when searching for a property – especially during busy periods (e.g., holidays). Additionally, buyers should be aware that mortgage rates remain relatively low right now which could make purchasing a property an affordable option overall.