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Foreclosure Homes in Ellis Grove, IL

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Ellis Grove, IL Foreclosures

How much do homes sell for in Ellis Grove, IL?
The average home price is currently $128,301.
In Ellis Grove, IL, how many homes are available?
There are currently 43 active home listings available in Ellis Grove.
What’s the average rental cost in Ellis Grove, IL?
The average rental price in Ellis Grove is $989.
What is the most expensive home in Ellis Grove?
The most expensive home sold in Ellis Grove had a price of $528,548.
What is currently the cheapest priced home in Ellis Grove, IL?
The cheapest home for sale in Ellis Grove is priced at $12,450.

Living in Ellis Grove, IL

Ellis Grove, IL, is a serene rural community offering a peaceful lifestyle. It features charming landscapes, local events, and a tight-knit atmosphere, making it an excellent choice for families. The area has quality educational institutions and low crime rates, ensuring a safe environment for residents.

Current Market Conditions in Ellis Grove, IL

The current real estate market in Ellis Grove is characterized by stable home values and a balanced inventory of homes available for sale. Demand from families seeking a peaceful rural lifestyle has led to steady prices, with minor fluctuations based on seasonal trends.

The past year has seen an increase in interest for homes in Ellis Grove as more people are looking to move away from urban centers. The area's affordability, combined with its community-oriented lifestyle, attracts buyers from nearby towns.

Home Value Estimator For Ellis Grove, IL

There are currently 297 real estate properties in Ellis Grove, IL, with a median automated valuation model (AVM) price of $120,859.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ellis Grove, 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 Ellis Grove, IL, is $128,301.00, with the most expensive house in Ellis Grove, IL, topping out at $528,548.00 and the cheapest home in Ellis Grove, IL, clocking in at $12,450.00. In other words, there’s something for every potential homebuyer or savvy investor in Ellis Grove, IL!

Rent Prices In Ellis Grove, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ellis Grove, IL, is on a rollercoaster ride. The average rent price in Ellis Grove, IL, is $989.00. Indeed, when looking to rent in Ellis Grove, IL, you can expect to pay as little as $430.00 or as much as $1,990.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Ellis Grove, 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.

Ellis Grove, IL Foreclosures

Market Trend for Ellis Grove, IL

Total Listings Available: 43

Market Values:

Home Prices from $12,450 to $528,548

Average Sales Price: $128,301

Rental Values:

Rental from $430 to $1,990

Average Rent Value: $989 / month

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