Radom, IL Foreclosures
How much do homes sell for in Radom, IL?
The average home price is currently $110,704.
What’s the average rental cost in Radom, IL?
The average rental price in Radom is $1,290.
What is the most expensive home in Radom?
The most expensive home sold in Radom had a price of $360,563.
What is currently the cheapest priced home in Radom, IL?
The cheapest home for sale in Radom is priced at $20,300.
Living in Radom, IL
Radom, Illinois, is a quaint village that embodies the spirit of small-town America. With its friendly community and scenic landscapes, it offers a relaxed lifestyle perfect for families and individuals alike. Residents value the local schools and enjoy various outdoor activities available nearby.
Current Market Conditions in Radom, IL
The current real estate market in Radom, IL, shows a stable and growing interest in residential properties. Homes are seeing a modest increase in value as more people discover the charm of living in a rural setting. This trend indicates a healthy demand for housing as buyers seek to escape the hustle and bustle of city life.
In recent months, Radom's market has attracted attention due to its affordability compared to larger urban areas. There is a notable interest from first-time homebuyers and those looking for vacation homes, contributing to a diversified market with various options available.
Home Value Estimator For Radom, IL
There are currently 82 real estate properties
in Radom, IL,
with a median automated valuation model (AVM) price
of $85,682.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Radom, 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 Radom, IL,
is $110,704.00, with the most expensive house
in Radom, IL, topping out
at $360,563.00 and the cheapest home
in Radom, IL,
clocking in at $20,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Radom, IL!
Rent Prices
In Radom, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Radom, IL, is on
a rollercoaster ride. The
average rent price in Radom, IL,
is $1,290.00. Indeed, when looking to rent in
Radom, IL, you can expect to pay as little
as $770.00 or as much
as $1,800.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Radom, 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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