Nebo, IL Foreclosures
How much do homes sell for in Nebo, IL?
The average home price is currently $109,942.
In Nebo, IL, how many homes are available?
There are currently 10 active home listings available in Nebo.
What’s the average rental cost in Nebo, IL?
The average rental price in Nebo is $1,113.
What is the most expensive home in Nebo?
The most expensive home sold in Nebo had a price of $573,594.
What is currently the cheapest priced home in Nebo, IL?
The cheapest home for sale in Nebo is priced at $12,820.
Living in Nebo, IL
Nebo, IL is a peaceful small town that embodies the charm of rural America. With a close-knit community, residents enjoy a quiet lifestyle surrounded by nature. The area offers various outdoor activities and is well-connected to larger urban centers for additional amenities.
Current Market Conditions in Nebo, IL
Currently, Nebo's real estate market exhibits steady growth due to its desirable rural lifestyle. Many buyers are seeking homes here for their spacious yards and outdoor opportunities, reflecting a trend towards seeking quieter living spaces away from crowded urban centers.
Over the past few months, home prices have steadily increased, indicating a strong demand for property in the area. As more people recognize the benefits of living in a small town, real estate investment opportunities are on the rise.
Home Value Estimator For Nebo, IL
There are currently 155 real estate properties
in Nebo, IL,
with a median automated valuation model (AVM) price
of $75,736.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nebo, 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 Nebo, IL,
is $109,942.00, with the most expensive house
in Nebo, IL, topping out
at $573,594.00 and the cheapest home
in Nebo, IL,
clocking in at $12,820.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nebo, IL!
Rent Prices
In Nebo, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nebo, IL, is on
a rollercoaster ride. The
average rent price in Nebo, IL,
is $1,113.00. Indeed, when looking to rent in
Nebo, IL, you can expect to pay as little
as $640.00 or as much
as $1,880.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Nebo, 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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