The story of this market
The typical home in ZIP 61250 sells for about $137,225, or $117 per square foot.
Prices are roughly flat from a year ago (-0.4258%), a market in balance. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,030 a month.
ZIP 61250 — Erie
The housing market in 61250 is characterized by low inventory and stable pricing trends. Median listing prices have fluctuated, reflecting a small, rural market with limited sales volume. Data for specific metrics like sales-to-list ratio and months of supply are not currently published for this ZIP.
This ZIP is suitable for those seeking a quiet, rural village lifestyle in Whiteside County with a lower cost of living compared to national and state averages.
Median prices moved down 0.4% year over year.
Homes spend a median of 68 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 3.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 0.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 61250
Erie is reported as the number one safest city in Whiteside County.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
There are insufficient rental comps in the area to determine how Fair Market Rent aligns with current market rates.
The area is part of the Sterling, IL Micro Area, with an economy characterized by local village services and regional agricultural and industrial ties.
Parcels are subject to overlapping taxing districts including the municipality, county, and local school districts.
Data retrieved from Census Reporter and ZIP-Codes.com
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.