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Foreclosure Homes in Diamond, IL

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Diamond, IL Foreclosures

How much do homes sell for in Diamond, IL?
The average home price is currently $347,255.
In Diamond, IL, how many homes are available?
There are currently 8 active home listings available in Diamond.
What’s the average rental cost in Diamond, IL?
The average rental price in Diamond is $1,389.
What is the most expensive home in Diamond?
The most expensive home sold in Diamond had a price of $3,648,179.
What is currently the cheapest priced home in Diamond, IL?
The cheapest home for sale in Diamond is priced at $34,970.

Living in Diamond, IL

Diamond, Illinois is a picturesque village with a close-knit community feel, ideal for families and individuals seeking a peaceful yet accessible living environment. Nestled within Grundy and Will counties, it maintains the charm of small-town life while being conveniently situated near major highways for easy commuting. The village is surrounded by natural beauty, with several parks and outdoor activities available.

Current Market Conditions in Diamond, IL

The Diamond, IL real estate market is currently experiencing low inventory levels, contributing to increasing home prices over the past year. The demand for homes in this area has remained strong, driven by its attractive community features and proximity to larger cities. Many buyers are seeking residence here for its growing reputation as a family-friendly village with ample green space.

Rental properties in Diamond are also of interest, catering to those looking for temporary housing solutions. Overall, the village continues to see a rise in home values as more people discover Diamond as an appealing place to live.

Home Value Estimator For Diamond, IL

There are currently 801 real estate properties in Diamond, IL, with a median automated valuation model (AVM) price of $299,197.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Diamond, 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 Diamond, IL, is $347,255.00, with the most expensive house in Diamond, IL, topping out at $3,648,179.00 and the cheapest home in Diamond, IL, clocking in at $34,970.00. In other words, there’s something for every potential homebuyer or savvy investor in Diamond, IL!

Rent Prices In Diamond, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Diamond, IL, is on a rollercoaster ride. The average rent price in Diamond, IL, is $1,389.00. Indeed, when looking to rent in Diamond, IL, you can expect to pay as little as $860.00 or as much as $2,730.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Diamond, 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.

Diamond, IL Foreclosures


Market Trend for Diamond, IL

Total Listings Available: 8

Market Values:

Home Prices from $34,970 to $3,648,179

Average Sales Price: $347,255

Rental Values:

Rental from $860 to $2,730

Average Rent Value: $1,389 / month

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