62006, Batchtown, IL

The home equity and home prices in the 62006 zip code of Batchtown, IL are very high. According to Zillow, the median home value in this zip code is $269,200, which is significantly higher than the national median home value of $181,600. Additionally, the percentage of homes in this zip code that are valued at over $300,000 is also high. This indicates that there are a lot of wealthy residents in this area.

One reason why the home values in this area are so high is likely because there are a lot of affluent residents who want to live in a desirable location. Batchtown is located near several major cities and has plenty of amenities and shopping options. Additionally, it's close to major highways and airports making it easy to get around town.

Another factor that may contribute to the high home values in this area are the low interest rates currently available on mortgages. Since most people who live in Batchtown have ample money saved up already, they're not as concerned about paying off their mortgage as quickly as possible. This allows homeowners here to hold onto their homes for a longer period of time without having to worry about losing money on them due to inflation or market fluctuations.