62330, Dallas City, IL

Dallas City, Illinois is located in the southeastern part of the state. The 62330 zip code covers a total area of just over 2 square miles and has a population of just under 10,000 people. Home prices in this zip code have been on the rise for the past several years, and as of September 2017 they are currently averaging around $215,000. This is an increase of almost 20% from where they were just two years ago.

One reason that home prices in this zip code have been increasing so rapidly is that there is a lot of demand for housing here. Dallas City is located within close proximity to major metropolitan areas such as Chicago and St Louis, which means that there are a lot of people who want to live here. Additionally, many people who live in this zip code work in downtown Chicago or downtown St Louis, which means that they have easy access to high-paying jobs. As a result, there has been an increasing demand for housing in this area over the past few years.

Another reason why home prices in this zip code have been on the rise is because there are relatively few homes available for sale. In fact, as of September 2017 there were only 191 homes available for sale in this zip code – which is less than one-third of what would be needed to meet current demand. This shortage of available homes has led to increased prices because sellers can command higher prices when they do manage to sell their homes.

Overall, it seems clear that home prices in the 62330 zip code of Dallas City are rising rapidly due to increasing demand and limited availability. If you're looking to buy or sell a home in this area, it would definitely be worth your while to consult with a real estate agent who can help you find the right property at the right price