62476, West Salem, IL

The 62476 zip code of West Salem, Illinois has a population of around 8,000 people. The median household income in this zip code is $60,000 and the median home value is $163,500. The average home equity in this zip code is around $137,000.

There are a number of factors that affect home prices and home equity in West Salem. These include the local economy, interest rates, and availability of homes for sale. In general, the more prosperous the economy is, the higher the demand for homes will be and the more expensive they will be. Similarly, if interest rates are high or there are not many homes available for sale in a particular area, prices will be higher too.

One other factor that affects home prices and home equity in West Salem is location. If a particular area has more desirable features (like good schools or proximity to amenities), prices will be higher there than in areas with less desirable features.