Arrowsmith, IL Foreclosures
How much do homes sell for in Arrowsmith, IL?
The average home price is currently $307,806.
In Arrowsmith, IL, how many homes are available?
There are currently 2 active home listings available in Arrowsmith.
What’s the average rental cost in Arrowsmith, IL?
The average rental price in Arrowsmith is $1,360.
What is the most expensive home in Arrowsmith?
The most expensive home sold in Arrowsmith had a price of $1,900,372.
What is currently the cheapest priced home in Arrowsmith, IL?
The cheapest home for sale in Arrowsmith is priced at $28,045.
Living in Arrowsmith, IL
Arrowsmith, IL, is a charming small village that offers a tranquil living environment with a strong sense of community. The area is surrounded by beautiful parks and provides essential amenities that cater to residents' needs. With good schools and convenient public transportation, Arrowsmith is an excellent choice for families and individuals alike.
Current Market Conditions in Arrowsmith, IL
The real estate market in Arrowsmith, IL, has shown stability over the past year. Home prices have remained relatively consistent, appealing to both buyers looking for affordable options and sellers looking to move within the area. The community is seeing steady interest from families and retirees seeking a peaceful lifestyle, which is keeping the demand for homes at a healthy level.
Overall, Arrowsmith’s housing market reflects a balanced environment; homes are selling within a reasonable time frame, and inventory levels are consistent with demand. This makes it a favorable time for both buyers and investors looking to enter this quaint market.
Home Value Estimator For Arrowsmith, IL
There are currently 232 real estate properties
in Arrowsmith, IL,
with a median automated valuation model (AVM) price
of $167,332.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Arrowsmith, 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 Arrowsmith, IL,
is $307,806.00, with the most expensive house
in Arrowsmith, IL, topping out
at $1,900,372.00 and the cheapest home
in Arrowsmith, IL,
clocking in at $28,045.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Arrowsmith, IL!
Rent Prices
In Arrowsmith, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Arrowsmith, IL, is on
a rollercoaster ride. The
average rent price in Arrowsmith, IL,
is $1,360.00. Indeed, when looking to rent in
Arrowsmith, IL, you can expect to pay as little
as $780.00 or as much
as $3,260.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in Arrowsmith, 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.
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