Cullom, IL Foreclosures
How much do homes sell for in Cullom, IL?
The average home price is currently $140,659.
What’s the average rental cost in Cullom, IL?
The average rental price in Cullom is $1,039.
What is the most expensive home in Cullom?
The most expensive home sold in Cullom had a price of $678,570.
What is currently the cheapest priced home in Cullom, IL?
The cheapest home for sale in Cullom is priced at $12,655.
Living in Cullom, IL
Cullom, IL is a quaint rural town that reflects the warmth of small-town life. With a tight-knit community, abundant nature, and local amenities, it is an ideal place for families and individuals seeking tranquility away from urban hustle and bustle. The town offers promising real estate opportunities, making it a great choice for homebuyers.
Current Market Conditions in Cullom, IL
The real estate market in Cullom has remained stable, with a balanced supply and demand for homes. With a median home price that is affordable compared to urban areas, many first-time homebuyers find this market appealing. Homes tend to sell quickly due to competitive pricing and the desirable small-town lifestyle.
Overall, demand for properties in Cullom has shown a gradual increase over the past few years, with more people exploring rural living options. This trend reflects a larger movement toward seeking quieter areas with more space.
Home Value Estimator For Cullom, IL
There are currently 317 real estate properties
in Cullom, IL,
with a median automated valuation model (AVM) price
of $124,097.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cullom, 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 Cullom, IL,
is $140,659.00, with the most expensive house
in Cullom, IL, topping out
at $678,570.00 and the cheapest home
in Cullom, IL,
clocking in at $12,655.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cullom, IL!
Rent Prices
In Cullom, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cullom, IL, is on
a rollercoaster ride. The
average rent price in Cullom, IL,
is $1,039.00. Indeed, when looking to rent in
Cullom, IL, you can expect to pay as little
as $570.00 or as much
as $1,780.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Cullom, 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.
Learn more on Foreclosure homes
