62692, Waverly, IL

The 62692 zip code of Waverly, Illinois has a median home value of $111,000 and a median home equity value of $101,000. These values are lower than the statewide median home value of $183,500 and statewide median home equity value of $142,700. The 62692 zip code also has a lower than average percentage of homeowners with mortgages at 66%. This percentage is higher than the statewide percentage of homeowners with mortgages at 63%.

There are several factors that may contribute to the lower home values in the 62692 zip code. One factor may be that this area is not as affluent as other parts of Illinois. Another factor may be that there are fewer homes for sale in this area. Finally, it may be that people in this area are not able to borrow as much money to buy a home as people in other parts of Illinois.