62223, Belleville, IL

Belleville, Illinois is located in the Central Illinois region and has a population of around 100,000. The 62223 zip code covers a total area of just over 10 square miles and has a median home value of $126,000. Home equity in Belleville has been on the rise recently as prices have increased by 5.5% over the past year. This increase is likely due to low interest rates and increasing demand from buyers who are looking for quality homes at reasonable prices.

The average home value in Belleville is much lower than the national average, but this could change as interest rates continue to decrease. In addition, Belleville is located within close proximity to major metropolitan areas such as Chicago and St Louis which could lead to an increase in demand for homes here in the future. While there may be some challenges ahead for buyers interested in purchasing homes in Belleville, overall it appears that home values are continuing to rise which should make it an attractive option for those looking for a quality property at a fair price.