Cedar Point, IL Foreclosures
How much do homes sell for in Cedar Point, IL?
The average home price is currently $135,047.
In Cedar Point, IL, how many homes are available?
There are currently 214 active home listings available in Cedar Point.
What’s the average rental cost in Cedar Point, IL?
The average rental price in Cedar Point is $1,030.
What is the most expensive home in Cedar Point?
The most expensive home sold in Cedar Point had a price of $759,500.
What is currently the cheapest priced home in Cedar Point, IL?
The cheapest home for sale in Cedar Point is priced at $31,669.
Living in Cedar Point, IL
Cedar Point is a small, charming village located in Illinois, known for its peaceful atmosphere and friendly community. The area features beautiful natural landscapes with opportunities for outdoor activities such as fishing and hiking. Cedar Point provides a quiet, rural lifestyle while still being close to larger towns for amenities.
Current Market Conditions in Cedar Point, IL
The real estate market in Cedar Point is relatively stable, with properties generally maintaining their value due to the village's appeal as a quiet, family-friendly community. Homes in Cedar Point typically attract buyers looking for affordable options in a tranquil setting.
Currently, there is a moderate demand for housing in the area, largely influenced by those seeking retirement homes or families wanting to escape urban congestion for a more laid-back lifestyle. The market shows signs of gradual appreciation, indicating a positive trend for potential investors.
Home Value Estimator For Cedar Point, IL
There are currently 107 real estate properties
in Cedar Point, IL,
with a median automated valuation model (AVM) price
of $121,874.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cedar Point, 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 Cedar Point, IL,
is $135,047.00, with the most expensive house
in Cedar Point, IL, topping out
at $759,500.00 and the cheapest home
in Cedar Point, IL,
clocking in at $31,669.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cedar Point, IL!
Rent Prices
In Cedar Point, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cedar Point, IL, is on
a rollercoaster ride. The
average rent price in Cedar Point, IL,
is $1,030.00. Indeed, when looking to rent in
Cedar Point, IL, you can expect to pay as little
as $1,030.00 or as much
as $1,030.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Cedar Point, 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
