HousingHandbookReference data

U.S. ZIP Code · IL61263

Mercer County · Davenport-Moline-Rock Island, IA-IL

Typical home value

$141,756[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+17.2%
5-year / yr
+6.5%
10-year / yr

Relative price

vs U.S.
-50.1%
vs metro
-28.7%
vs state
-25.9%
ZIP 61263 location in IL
Location of ZIP 61263 in IL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 61263 is worth $141,756 — 28.7% below the Davenport-Moline-Rock Island, IA-IL median. Over the past year, values have risen 17.2%. The effective property tax rate is 2.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.0%[3]
Typical annual tax
$2,811[3]

#Climate risk

FEMA National Risk Index ratings for Mercer County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very Low[4]
Riverine flood
Very Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Very Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
657[3]
Median household income
$86,500[3]

#Migration

Household moves in and out of Mercer County over a year, from IRS tax-return data.

Net migration
-30[5]
Moved in
352
Moved out
382

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
0
Middle
1
High
0
  • Matherville Intermediate School

    Middle · Grades 5–6 · Sherrard CUSD 200

    191 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$717
Loan principal$113,405
Down payment$28,351
Total interest paid$144,642

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,069
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
96th percentile[1]
Rental yield
[2]
Property tax
77th percentile[3]

Frequently asked

How much is a home worth in ZIP code 61263?
The typical home in 61263 is worth $141,756, based on the Zillow Home Value Index.
Are home values rising in 61263?
Home values in 61263 are up 17.2% over the past year, and up 6.5% a year over five years.
What is the property tax rate in 61263?
The effective property tax rate in 61263 is 2.0% — roughly $2,811 a year on a typical home.
Who lives in 61263?
ZIP code 61263 has a population of 657 and a median household income of $86,500.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • New Boston, IL

    Typical home
    $147,676
    Gross yield
  • Alexis, IL

    Typical home
    $147,716
    Gross yield
  • Alpha, IL

    Typical home
    $148,527
    Gross yield
  • East Moline, IL

    Typical home
    $149,516
    Gross yield
    7.2%
  • Moline, IL

    Typical home
    $151,052
    Gross yield
    8.0%
  • Buffalo, IA

    Typical home
    $155,352
    Gross yield

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