62695, Woodson, IL

Home Equity and Home Prices in the 62695 Zip Code of Woodson, IL

The 62695 zip code of Woodson, IL has a median home value of $101,000. This is lower than the statewide median home value of $177,500. The average home value in this zip code is lower than the Illinois average home value of $183,700. There are a number of factors that could contribute to this difference including: less expensive housing stock within the zip code, fewer high-priced homes available for sale or rent, and a smaller population size.

Despite these disparities however, there are still a number of homeowners in this zip code who are experiencing positive equity growth. Over the past year (2017), the median home value has increased by 2%. This represents an increase in homeowner's equity relative to what they paid for their property. In addition, over the past five years (2015-2018), homeowner's equity has grown by an average of 5%. This indicates that most homeowners in this zip code are seeing positive returns on their investment through increases in their home values and/or decreases in their mortgage payments.