SIALIMStatistical Intelligence for America's Local Investment Markets

61078Shannon, IL Home Values

Typical home value $185,704 as of June 2026 · 8th of 9 in Freeport, IL

Typical value — June 2026
$185,704
observed, not a forecast
Past 12 months
+14.8%
trailing year-over-year change
Past 5 years
+55.4%
June 2021 to June 2026
Rank in metro
8th
of 9 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 61078, June 2021 to June 2026. This page shows observed data only; no forecast.

How 61078 compares in the Freeport, IL area

ZIP code 61078 (Shannon, IL) has a typical home value of $185,704 as of June 2026, ranking 8th of 9 ZIP codes tracked in the Freeport, IL area, more expensive than about 22% of ZIP codes in the metro. Prices here have moved +14.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +55.4%, from $119,505 in June 2021 to $185,704 in June 2026.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Freeport, IL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Freeport.

Population and demographics

ZIP code 61078 has a population of 1,411, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 93.4% White, 3% Hispanic or Latino, 2.5% two or more races, 0.9% Asian, and 0.2% another race.

Nearby public schools

SchoolAddressDistance
Eastland Elementary School601 S Chestnut St, Shannon, IL1.4 mi
Eastland Jr/Sr High School500 S School Dr, Lanark, IL7 mi
Forreston Grade School601 E Main St, Forreston, IL8.4 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 61078?

$185,704 as of June 2026, the latest month Zillow has published observed data for.

Is 61078 an expensive ZIP code in the Freeport, IL area?

61078 ranks 8th of 9 ZIP codes in the Freeport, IL area by typical home value, more expensive than about 22% of ZIP codes in the metro.

How much have home values in 61078 changed over the past year?

+14.8% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 61078?

1,411, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 61078?

Eastland Elementary School (1.4 mi), Eastland Jr/Sr High School (7 mi), Forreston Grade School (8.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 61078?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Freeport, IL forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.