62975, Pomona, IL

The Pomona, Illinois 62975 zip code has a population of around 21,000 people. The median household income in this zip code is $64,000. Home prices in this zip code have increased by an average of 8.5% over the past year. This rate of growth is much faster than the national average, which has seen home prices grow by only 2.1% over the past year.

One reason for the high rate of home price growth in this zip code is that there are a lot of homes for sale in Pomona. There are currently 924 homes for sale in this zip code, which is more than double the number of homes that were available just one year ago. This abundance of available homes has driven up the price of homes in this area and made it difficult for potential home buyers to find a suitable property at a reasonable price.

However, despite the high rate of home price growth in Pomona, many homeowners here still believe that their home is worth more than what they paid for it. In fact, almost two-thirds (64%)of homeowners in this zip code believe that their home is worth more than its original purchase price. This strong belief in the value of their property may be one reason why homeowners have been able to withstand the rapid increase in home prices over recent years.