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Preforeclosure Homes in Shiloh, IL 62221

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Shiloh, IL Foreclosures

How much do homes sell for in Shiloh, IL?
The average home price is currently $378,191.
In Shiloh, IL, how many homes are available?
There are currently 9 active home listings available in Shiloh.
What’s the average rental cost in Shiloh, IL?
The average rental price in Shiloh is $1,556.
What is the most expensive home in Shiloh?
The most expensive home sold in Shiloh had a price of $3,992,262.
What is currently the cheapest priced home in Shiloh, IL?
The cheapest home for sale in Shiloh is priced at $22,414.

Living in Shiloh, IL

Shiloh, IL is a welcoming suburb known for its family-friendly environment and proximity to St. Louis. The community features several parks, recreational activities, and highly-rated schools, making it an appealing area for families. Its convenient access to major highways allows for easy commuting while enjoying a quieter lifestyle away from the bustling city.

Current Market Conditions in Shiloh, IL

The real estate market in Shiloh has shown steady growth over the past year. With a mix of single-family homes and townhouses, the area appeals to both first-time homebuyers and those looking for larger residences. As new developments continue to emerge, prices have seen a gradual upward trend, indicating a healthy market that welcomes new residents.

Currently, homes in Shiloh are in high demand, with many listings receiving offers shortly after they hit the market. Inventory levels remain low, suggesting a competitive environment where buyers need to act quickly. The average days on market for homes in Shiloh is decreasing, reflecting the increasing desirability of the area.

Home Value Estimator For Shiloh, IL

There are currently 623 real estate properties in Shiloh, IL, with a median automated valuation model (AVM) price of $364,728.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shiloh, 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 Shiloh, IL, is $378,191.00, with the most expensive house in Shiloh, IL, topping out at $3,992,262.00 and the cheapest home in Shiloh, IL, clocking in at $22,414.00. In other words, there’s something for every potential homebuyer or savvy investor in Shiloh, IL!

Rent Prices In Shiloh, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shiloh, IL, is on a rollercoaster ride. The average rent price in Shiloh, IL, is $1,556.00. Indeed, when looking to rent in Shiloh, IL, you can expect to pay as little as $760.00 or as much as $2,910.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in Shiloh, 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.

Shiloh, IL 62221 Preforeclosure Homes


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