62088, Staunton, IL

The 62088 zip code of Staunton, IL has a median home value of $128,900 and a median home equity value of $101,700. These values are higher than the Illinois median home value of $102,500 and the national median home equity value of $106,200. The 62088 zip code is also above the statewide median home value of $107,100 and the national average home equity value.

There are a number of factors that may contribute to these high values in the 62088 zip code. First, Staunton is located in an affluent area with a high rate of population growth. This increase in demand for housing has led to increased prices and increased equity in homes throughout the area. Additionally, Staunton has a low rate of foreclosure activity which may lead to increased values in homes that are still owned by their original owners.

Despite these high values, there are some areas within the 62088 zip code where prices are lower than average. For example, areas near public transportation or schools may have lower prices due to competition from those areas. Additionally, some homes that were built before 2006 may have lower values due to concerns about potential damage from Hurricane Katrina or other natural disasters.