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Foreclosure Homes in Good Hope, IL

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Good Hope, IL Foreclosures

Current Market Conditions in in Good Hope, IL As of April 2026?
Over the past month, the real estate market in Good Hope has remained relatively stable with slight fluctuations in home sales volume. Home prices have increased modestly, reflecting a growing interest in the area as more individuals seek out quieter home environments post-pandemic.
How much do homes sell for in Good Hope, IL?
The average home price is currently $196,857.
In Good Hope, IL, how many homes are available?
There are currently 1 active home listings available in Good Hope.
What’s the average rental cost in Good Hope, IL?
The average rental price in Good Hope is $1,039.
What is the most expensive home in Good Hope?
The most expensive home sold in Good Hope had a price of $2,924,698.
What is currently the cheapest priced home in Good Hope, IL?
The cheapest home for sale in Good Hope is priced at $31,629.

Living in Good Hope, IL

Good Hope, IL is a picturesque village in McDonough County, offering a friendly community atmosphere and a peaceful rural lifestyle. Residents appreciate the nearby outdoor activities and local parks, while still having access to larger town amenities. It's an ideal location for families and those looking to enjoy a serene environment.

Buyer vs Seller Market in Good Hope, IL

The real estate market in Good Hope is stable, showing steady demand for residential properties. The rural character attracts buyers looking for peaceful living, which contributes to consistent property values.

Recently, there has been a trend of increasing interest from buyers relocating from urban areas, which has resulted in a gradual rise in home prices as demand grows.

Home Value Estimator For Good Hope, IL

There are currently 308 real estate properties in Good Hope, IL, with a median automated valuation model (AVM) price of $112,908.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Good Hope, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Good Hope, IL, is $196,857.00, with the most expensive house in Good Hope, IL, topping out at $2,924,698.00 and the cheapest home in Good Hope, IL, clocking in at $31,629.00. In other words, there’s something for every potential homebuyer or savvy investor in Good Hope, IL!

Rent Prices In Good Hope, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Good Hope, IL, is on a rollercoaster ride. The average rent price in Good Hope, IL, is $1,039.00. Indeed, when looking to rent in Good Hope, IL, you can expect to pay as little as $540.00 or as much as $1,890.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Good Hope, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Good Hope, IL Foreclosures

Market Trend for Good Hope, IL

Total Listings Available: 1

Market Values:

Home Prices from $31,629 to $2,924,698

Average Sales Price: $196,857

Rental Values:

Rental from $540 to $1,890

Average Rent Value: $1,039 / month

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