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Rent To Own Homes in Washington, IL

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Washington, IL Foreclosures

How much do homes sell for in Washington, IL?
The average home price is currently $256,598.
In Washington, IL, how many homes are available?
There are currently 21 active home listings available in Washington.
What’s the average rental cost in Washington, IL?
The average rental price in Washington is $1,462.
What is the most expensive home in Washington?
The most expensive home sold in Washington had a price of $8,130,961.
What is currently the cheapest priced home in Washington, IL?
The cheapest home for sale in Washington is priced at $10,542.

Living in Washington, IL

Washington, IL is a family-friendly town known for its strong community spirit, great schools, and an abundance of parks and recreational activities. Residents enjoy a peaceful suburban lifestyle while being conveniently located near Peoria, offering both tranquility and connectivity to urban amenities.

Current Market Conditions in Washington, IL

The real estate market in Washington, IL has shown a steady increase in property values over the past year, driven by a combination of growing demand and limited housing inventory. The attractive lifestyle, coupled with access to quality schools and parks, continues to draw new families and individuals looking for a quieter community away from city life.

Over the last few months, homes in Washington have been gaining attention from buyers who are looking for spacious homes with outdoor space. The market has remained competitive, with many listings receiving multiple offers. This trend indicates a strong demand, particularly for single-family homes.

Home Value Estimator For Washington, IL

There are currently 9,795 real estate properties in Washington, IL, with a median automated valuation model (AVM) price of $212,503.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Washington, 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 Washington, IL, is $256,598.00, with the most expensive house in Washington, IL, topping out at $8,130,961.00 and the cheapest home in Washington, IL, clocking in at $10,542.00. In other words, there’s something for every potential homebuyer or savvy investor in Washington, IL!

Rent Prices In Washington, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Washington, IL, is on a rollercoaster ride. The average rent price in Washington, IL, is $1,462.00. Indeed, when looking to rent in Washington, IL, you can expect to pay as little as $690.00 or as much as $2,960.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Washington, 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.

Washington, IL Rent To Own Homes

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