62221, Belleville, IL

Belleville, Illinois is located in the eastern part of the state and has a population of around 100,000. The 62221 zip code covers a total area of just over 9 square miles and has a median home value of $129,000. Home equity in Belleville has been on the rise for several years now, with values increasing by an average of 7% each year. This trend is likely to continue as more people move into the area and demand increases for homes that are within reach.

There are several factors that have contributed to this increase in home equity values in Belleville. First and foremost, there is an abundance of available housing stock which means that prices can be relatively low compared to other areas of the state. Additionally, Belleville is located close to major metropolitan areas such as Chicago and Springfield which means that there is a high demand for homes here. Finally, Belleville residents have been very diligent about preserving their homes and have done a good job of keeping up with repairs and maintenance. As a result, homes here are generally in good condition and tend to hold their value well over time.