60460, Odell, IL

The home equity and home prices in the 60460 zip code of Odell, IL are very high. In fact, the median home value in this zip code is $269,000. This is much higher than the Illinois median home value of $157,500. The high home values in this zip code may be due to the many affluent families who live in this area. Additionally, the strong economy may also be contributing to the high home values.

Despite the high home values, there are still a number of homes available for sale in this zip code. There were 191 homes for sale as of September 2017 and there have been an average of 191 homes for sale each month since then. This indicates that there is a lot of demand for housing in this area and that people are able to afford to buy homes here.

Another factor that may contribute to the high home values in this zip code are the low interest rates. As of September 2017, the interest rate on a 30-year fixed-rate mortgage was 3.94%. This is much lower than Illinois' average interest rate of 4.94%. Therefore, it may be easier for people to afford a house here if they can get a good mortgage deal.