Logan, IL Foreclosures
How much do homes sell for in Logan, IL?
The average home price is currently $82,103.
In Logan, IL, how many homes are available?
There are currently 76 active home listings available in Logan.
What’s the average rental cost in Logan, IL?
The average rental price in Logan is $1,066.
What is the most expensive home in Logan?
The most expensive home sold in Logan had a price of $358,007.
What is currently the cheapest priced home in Logan, IL?
The cheapest home for sale in Logan is priced at $30,305.
Living in Logan, IL
Logan, Illinois, is a family-friendly community that combines suburban charm with modern conveniences. With a variety of local amenities, including parks and schools, it offers a peaceful lifestyle just a short drive from larger cities. The area is known for its welcoming atmosphere, making it an ideal place for families and individuals to call home.
Current Market Conditions in Logan, IL
Logan's real estate market has shown steady growth in recent years, driven by the demand for family homes and the area's attractive lifestyle. The market has been favorable for sellers, with home prices generally trending upward due to limited inventory and increased interest from buyers. This trend is expected to continue as more families recognize the benefits of living in Logan.
In the last month, the real estate market in Logan saw a noticeable uptick in activity, with more homes being listed and sold compared to previous months. Buyers are increasingly drawn to the area for its quality schools and community amenities. However, inventory remains tight, leading to competitive bidding situations for desirable properties.
Home Value Estimator For Logan, IL
There are currently 107 real estate properties
in Logan, IL,
with a median automated valuation model (AVM) price
of $60,886.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Logan, 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 Logan, IL,
is $82,103.00, with the most expensive house
in Logan, IL, topping out
at $358,007.00 and the cheapest home
in Logan, IL,
clocking in at $30,305.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Logan, IL!
Rent Prices
In Logan, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Logan, IL, is on
a rollercoaster ride. The
average rent price in Logan, IL,
is $1,066.00. Indeed, when looking to rent in
Logan, IL, you can expect to pay as little
as $630.00 or as much
as $1,950.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Logan, 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.