The story of this market
The typical home in ZIP 61050 sells for about $126,900, or $98 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 85 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 61050 — Mc Connell
The housing market in 61050 remains stable with low inventory and modest price growth. Demand is driven by buyers seeking affordable, rural living, though limited sales volume reflects the small population size.
This ZIP is best suited for retirees, rural-lifestyle seekers, and budget-conscious families looking for affordable housing in a quiet, small-town setting.
Median prices moved up 2.1% year over year.
Homes spend a median of 85 days on market with 3.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.8% · poverty 0.0% — 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 1.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 61050, Stephenson County IL
Crime rates in McConnell are significantly lower than the national average, consistent with the rural character of Stephenson County.
The area is served by rural school districts with limited extracurricular offerings but stable, community-focused educational environments.
The region faces moderate risks from severe thunderstorms and winter weather, with standard flood insurance requirements for properties near local creek beds.
Economic momentum is driven by regional agriculture and small-scale manufacturing, with limited new residential development activity.
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.
Commutes are primarily car-dependent, with residents traveling to Freeport or Rockford for employment centers.
Local recreation is centered on outdoor activities, including access to nearby nature preserves, fishing spots, and small-town community parks.
The rental market is characterized by low inventory and high demand for affordable single-family housing, with few multi-family options available.
The local economy is heavily reliant on the agricultural sector, with secondary employment in regional manufacturing and retail hubs in nearby Freeport.
Public transit is not available; the area relies entirely on private vehicle transportation via state and county highways.
There are no major commercial or residential developments currently approved or under construction in this ZIP code.
Stephenson County assessment is conducted annually based on market value trends and property-specific improvements.
Parcels are subject to local school district taxes and county-wide emergency service levies.
Property insurance premiums are stable but reflect the regional risk profile for wind and storm damage common in Northern Illinois.
Net domestic migration is stable, with a slight trend toward rural relocation from larger urban centers.
Illinois is a judicial foreclosure state, requiring court intervention for all foreclosure proceedings.
Sellers are required to provide a Residential Real Property Disclosure Report detailing known material defects.
Data retrieved from data.census.gov ZCTA 61050 profile.
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.
Local community park providing green space and picnic areas.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.