Foreclosures in Carlyle, IL 62231

Current Market Conditions in Carlyle, IL

Carlyle's real estate market has shown steady growth over the past year, with an increase in demand for single-family homes, particularly those near lakeside properties. Buyers are attracted to the serene environment and recreational amenities, which have contributed to rising home values. The market remains competitive, with properties often receiving multiple offers, especially in desirable areas.

As of late, more people are relocating to Carlyle due to the affordability compared to nearby urban centers, influencing both rental and purchase prices. This transition reflects a trend where rural areas are becoming more appealing to buyers looking for space and community.

Rent Prices In Carlyle, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Carlyle, IL, is on a rollercoaster ride. The average rent price in Carlyle, IL, is $1,027.00. Indeed, when looking to rent in Carlyle, IL, you can expect to pay as little as $570.00 or as much as $2,040.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Carlyle, 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.