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Foreclosure Homes in Assumption, IL

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Assumption, IL Foreclosures

Current Market Conditions in in Assumption, IL As of April 2026?
Over the past month, Assumption's real estate market has seen a slight uptick in listing activity, with an increase in homes hitting the market compared to the previous month. Prices have remained stable, suggesting that it is still a buyer's market, with homes selling at or slightly below asking price. The community's charm continues to attract interest, bolstering the potential for future growth as buyers seek more affordable housing options away from larger urban centers.
How much do homes sell for in Assumption, IL?
The average home price is currently $160,054.
In Assumption, IL, how many homes are available?
There are currently 5 active home listings available in Assumption.
What’s the average rental cost in Assumption, IL?
The average rental price in Assumption is $1,028.
What is the most expensive home in Assumption?
The most expensive home sold in Assumption had a price of $3,843,118.
What is currently the cheapest priced home in Assumption, IL?
The cheapest home for sale in Assumption is priced at $10,052.

Living in Assumption, IL

Assumption, Illinois, is a quaint village located in Christian County, known for its friendly community atmosphere and peaceful living. Residents enjoy access to local amenities, parks, and a close-knit neighborhood. It's an excellent location for families and those seeking a quieter lifestyle near larger cities.

Buyer vs Seller Market in Assumption, IL

The real estate market in Assumption is currently showing stable conditions, with a mix of affordable housing options and some slightly higher-end listings. Property values have seen moderate growth, reflecting the community's appeal and the availability of local amenities.

There is a noticeable trend in the market with increasing interest from first-time homebuyers looking for value in more rural settings. This has created a balanced market where buyers and sellers have viable options.

Home Value Estimator For Assumption, IL

There are currently 754 real estate properties in Assumption, IL, with a median automated valuation model (AVM) price of $116,811.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Assumption, 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 Assumption, IL, is $160,054.00, with the most expensive house in Assumption, IL, topping out at $3,843,118.00 and the cheapest home in Assumption, IL, clocking in at $10,052.00. In other words, there’s something for every potential homebuyer or savvy investor in Assumption, IL!

Rent Prices In Assumption, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Assumption, IL, is on a rollercoaster ride. The average rent price in Assumption, IL, is $1,028.00. Indeed, when looking to rent in Assumption, IL, you can expect to pay as little as $580.00 or as much as $2,130.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Assumption, 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.

Assumption, IL Foreclosures


Market Trend for Assumption, IL

Total Listings Available: 5

Market Values:

Home Prices from $10,052 to $3,843,118

Average Sales Price: $160,054

Rental Values:

Rental from $580 to $2,130

Average Rent Value: $1,028 / month

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