62694, Winchester, IL

The Winchester, Illinois 62694 zip code has a population of approximately 10,000 people. The median household income in this zip code is $60,000. The average home value in this zip code is $158,500.

The Winchester area has seen strong home equity growth over the past few years. In May of 2018, the Zillow Home Value Index for the Winchester area was at an all-time high of $167,800. This represents a 20% increase from May of 2017. Over the past twelve months (January-May), the Zillow Home Value Index for the Winchester area increased by 16%.

Looking at specific neighborhoods within the Winchester area, we can see that some neighborhoods have seen much stronger growth than others. For example, neighborhoods near I-88 and I-64 have seen significantly higher home values than other areas within the city. This may be due to their proximity to major highways and businesses. Conversely, some neighborhoods near downtown Winchester have seen slower growth in home values due to their lack of access to major highways and businesses.