The story of this market
The typical home in ZIP 61572 sells for about $77,600, or $70 per square foot.
Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $595 a month.
ZIP 61572 — Yates City
The housing market in 61572 is characterized by low volume and stable, affordable pricing consistent with rural Illinois trends. Activity is minimal, with few active listings and limited turnover, reflecting a quiet market where supply and demand remain in balance.
This ZIP is best suited for budget-conscious buyers, retirees, or those seeking a quiet, rural lifestyle who are comfortable with longer commutes to regional employment centers.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 112 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.8% · poverty 4.3% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 61572, Knox County IL
The area is served by local rural school districts which generally maintain small class sizes and community-focused educational environments.
The region is primarily subject to standard Midwestern weather risks, including severe thunderstorms and occasional wind events; flood risk is localized to specific low-lying areas near regional creeks.
Economic momentum is limited, with the area functioning primarily as a rural residential base for the broader Galesburg and Peoria regional labor markets.
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.
Residents typically rely on personal vehicles for commutes to regional employment hubs in Galesburg or Peoria, with travel times generally exceeding 30 minutes.
Local recreation is centered on small-town community parks and proximity to rural outdoor spaces, with limited commercial shopping and dining options within the immediate 3-mile radius.
The rental market is characterized by low inventory and limited turnover, with demand driven primarily by local workforce needs rather than investor-led short-term rental activity.
The local economy is primarily agricultural and service-oriented, with residents largely commuting to larger nearby cities for major employment opportunities.
Transportation is entirely dependent on private vehicle use via state and county highway corridors; there is no significant public transit infrastructure.
There are no major commercial or residential developments currently announced or under construction within the ZIP code.
Knox County utilizes a standard assessment regime based on fair market value, with periodic reassessments to align with state-mandated equalization factors.
Parcels are subject to local school district, community college, and township fire protection district levies.
Property insurance premiums are influenced by regional exposure to severe convective storms and wind damage common to the Illinois plains.
Illinois is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically extends the timeline for lenders.
Illinois law requires sellers to provide a Residential Real Property Disclosure Report detailing the condition of the property's major systems and known defects.
Data retrieved from data.census.gov for ZCTA 61572.
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.
- WeaverRidge Golf Club4.319.3 mi
- Peoria Speedway4.420 mi
- Joe's Place | Norris, IL4.610.6 mi
- Jubilee College State Park4.411.5 mi
- Reed's Park4.75.4 mi
- Jubilee College State Park4.411.5 mi
- Reed's Park4.75.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community green space serving the immediate residential area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.