61866, Rantoul, IL

Rantoul, Illinois is located in the Central Illinois region and has a population of just over 21,000 people. The median household income in Rantoul is just over $60,000 and the median home value is around $135,000.

There has been a lot of speculation lately about whether or not the housing market in America is headed for a crash. However, according to Zillow, the Rantoul zip code has seen some of the highest home equity values in the country over the past few years. In fact, as of September 2017, Rantoul's home equity was valued at $164,200 on average! This means that homeowners in this zip code have more than twice as much equity in their homes as homeowners nationwide on average.

So why are home values so high in Rantoul? There are several factors at play here. First and foremost, there is a strong demand for housing stock in this area due to its low unemployment rate and good job prospects. Additionally, there are relatively few homes for sale compared to other areas of the country - which means that buyers have more opportunity to get a good deal on a house. And finally, Rantoul's location - close to major metropolitan areas like Chicago - makes it an attractive place to live overall.