61850, Indianola, IL

The home equity and home prices in the 61850 zip code of Indianola, IL are very high. The median home value in this zip code is $236,000, which is more than triple the national median home value of $106,500. Additionally, the percentage of homes in this zip code that are worth more than $250,000 is significantly higher than the national percentage of homes that are worth more than $250,000. This indicates that there are a lot of high-value homes in this zip code.

One possible explanation for why the home equity and home prices in this zip code are so high is that there is a lot of demand for high-value homes in this area. Indianola is located in central Illinois and it has a population of over 30,000 people. Therefore, there is a lot of potential demand for high-value homes from buyers who want to live in an area with plenty of amenities and opportunities. Additionally, many people who live in Indianola may be able to afford to buy a high-value home because they have good incomes or they have saved up a lot of money. Therefore, even if the market conditions change slightly (for example, if interest rates rise), many people will still be able to afford to buy a high-value home in this area.