$731,500
- Land
- 76.29 Acres
- $9,588 per Acre
0 Cr 3075 N, Penfield, IL 61862
0 Cr 3075 N, Penfield, IL 61862Frequently Asked Questions
Is Penfield a good place to live?
Penfield is a good place to live. Penfield is considered very car-dependent and somewhat bikeable. It has a median age of 47. The average household income is $108,865 which is above the national average. College graduates make up 20% of residents. A majority of residents in Penfield are home owners, with 18.9% of residents renting and 81.1% of residents owning their home. A local real estate agent serving Penfield can help you decide if this neighborhood is the right one for you. Learn more on our Penfield neighborhood guide.
How much do you need to make to afford a house in Penfield?
The median home price in Penfield is $75,000. If you put a 20% down payment of $15,000 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $370 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $16K a year to afford the median home price in Penfield. The average household income in Penfield is $109K.
What are the best public schools in Penfield?
The best public schools that serve Penfield are:
- Gifford Grade School has a B Niche grade and a student teacher ratio of 12:1.
- Armstrong High School has a B- Niche grade, a student teacher ratio of 8:1 and an average review score of 3.7.
What are the most popular zip codes in Penfield, Gifford, IL?
What are the most popular neighborhoods near Penfield, Gifford, IL?
The most popular neighborhoods near Penfield, Gifford, IL are East Urbana, Historic East Urbana, Stone Creek, Fairlawn Park and King Park.
Are home prices dropping in Penfield?
Yes, home prices in Penfield are down 17% in the last 12 months.
