62568, Taylorville, IL

Home equity is the difference between what a home is worth and what a homeowner owes on the mortgage. Home prices are the price of homes in a given area. Both home equity and home prices can change over time, depending on market conditions.

In Taylorville, IL, the average home value was $124,200 in 2016. This represented an increase of 5% from 2015. The average home equity was $101,600 in 2016. This represented an increase of 6% from 2015. These figures suggest that homeowners in Taylorville are benefiting from strong market conditions and are able to borrow more money to buy homes than they were previously able to do.

However, these figures should not be taken as gospel truth. Home values and home equity can fluctuate greatly depending on many factors, including interest rates, local economic conditions, and housing stock availability. Therefore it is important for homeowners to stay up-to-date on current market trends so that they can make informed decisions about their investments.