Zip Code:

62374, Tennessee, IL

62374 is a Illinois Zip code within the city of Tennessee and the county of McDonough County. Its population is roughly 337.

The Real Estate Market in the 62374 Zip Code of Tennessee, IL

Tennessee, Illinois is a small town located in the central part of the state. The population is just over 10,000 people and it has a median household income of just over $50,000. Tennessee is located in McLean County and has a zip code of 62374. Tennessee is an agricultural community and the main industry here is farming. The economy here relies heavily on agriculture and tourism.

The home equity market in Tennessee, Illinois is very stable with few fluctuations over the past few years. Home prices have increased by about 5% over the past five years while mortgage rates have remained relatively stable during that time period. There are currently about 1,200 homes for sale in Tennessee which indicates that demand for housing remains strong.

There are a number of factors that contribute to the stability of home prices in Tennessee, Illinois including: low unemployment rate; good schools; low crime rate; and proximity to major cities such as Chicago and St Louis. These factors make it an attractive place to live and raise a family.

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