Alorton, IL Foreclosures
How much do homes sell for in Alorton, IL?
The average home price is currently $118,767.
What’s the average rental cost in Alorton, IL?
The average rental price in Alorton is $939.
What is the most expensive home in Alorton?
The most expensive home sold in Alorton had a price of $6,228,400.
What is currently the cheapest priced home in Alorton, IL?
The cheapest home for sale in Alorton is priced at $11,815.
Living in Alorton, IL
Alorton, Illinois, is a small, quiet village located in St. Clair County with close proximity to larger urban areas like East St. Louis. Residents benefit from a suburban lifestyle with several nearby amenities. The community is family-friendly, features parks for outdoor activities, and provides easy access to public transportation for commuting.
Current Market Conditions in Alorton, IL
The real estate market in Alorton has shown signs of modest growth over the past year, with increasing interest from homebuyers looking for affordable options in the region. With its competitive pricing, the village remains appealing to first-time homebuyers and those seeking value in their investment. The community's proximity to St. Louis has contributed to a stable demand for homes, maintaining steady prices.
In recent months, Alorton's housing market has remained stable, with a slight uptick in sales activity. The demand for homes in this area, traditionally overlooked, has led to a decrease in inventory, indicating that homes are selling faster than before. This trend suggests that the market may continue to favor sellers, particularly for well-maintained properties.
Home Value Estimator For Alorton, IL
There are currently 109 real estate properties
in Alorton, IL,
with a median automated valuation model (AVM) price
of $56,560.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Alorton, 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 Alorton, IL,
is $118,767.00, with the most expensive house
in Alorton, IL, topping out
at $6,228,400.00 and the cheapest home
in Alorton, IL,
clocking in at $11,815.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Alorton, IL!
Rent Prices
In Alorton, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Alorton, IL, is on
a rollercoaster ride. The
average rent price in Alorton, IL,
is $939.00. Indeed, when looking to rent in
Alorton, IL, you can expect to pay as little
as $550.00 or as much
as $2,040.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Alorton, 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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