62960, Metropolis, IL

Metropolis, Illinois is located in Cook County and has a population of approximately 100,000. Home equity and home prices in the 62960 zip code are among the highest in the state. The average home value in this zip code is $269,000, which is more than double the statewide average of $116,200.

The 62960 zip code has a high concentration of affluent residents who are able to afford high home values. In addition, Metropolis is an affluent city with a median household income of over $100,000. This combination of high incomes and high home values has resulted in a strong demand for homes in this area.

As a result of this demand, home prices have risen significantly over the past few years. The average home value in the 62960 zip code was $269,000 as of September 2017. This represents an increase of almost 20% from 2016 when the average home value was $236,400.

While there may be some risk associated with buying a home in Metropolis right now due to elevated prices, there are also many benefits to owning a property here. Homeownership provides individuals with stability and security; it can also lead to increased wealth over time if the property's value continues to grow reliably. Furthermore, homeownership can provide access to important government programs (such as mortgage insurance) that may not be available to renters or buyers who do not own property outright.