City:

Pearl City, IL

Pearl City is a city in the state of illinois with a population of roughly 1,842. It is in Stephenson County, Illinois the Freeport, IL core-based statistical areas (CBSA), and the Rockford-Freeport-Rochelle, IL combined statistical area (CSA).Its Zip codes include 61062 .

The Rise and Fall of Pearl City's Housing Market

Pearl City is a small town located in the south suburbs of Chicago. The population is just over 10,000 people and the median household income is just over $60,000. Pearl City has a strong economy based on manufacturing and agriculture. However, it has also become known for its real estate market.

The real estate market in Pearl City is very active with a lot of new construction happening. There are several reasons for this:

- Pearl City is located close to major metropolitan areas such as Chicago and St Louis which makes it an attractive place to live

-The town has good schools and infrastructure which make it desirable for families

-There are a lot of jobs available in the area, especially in the healthcare sector

-The price of homes has been increasing steadily since 2010 which makes it an attractive investment option for buyers

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