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Foreclosure Homes in Good Hope, IL 61438

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Good Hope, IL Foreclosures

Current Market Conditions in in Good Hope, IL As of March 2026?
Over the past month, Good Hope has seen a slight increase in home sales, with properties averaging a 5% increase in sale prices compared to last month. The market remains competitive, particularly for homes priced under $150,000, which attract multiple offers and quick sales.
How much do homes sell for in Good Hope, IL?
The average home price is currently $201,410.
In Good Hope, IL, how many homes are available?
There are currently 2 active home listings available in Good Hope.
What’s the average rental cost in Good Hope, IL?
The average rental price in Good Hope is $1,039.
What is the most expensive home in Good Hope?
The most expensive home sold in Good Hope had a price of $2,931,077.
What is currently the cheapest priced home in Good Hope, IL?
The cheapest home for sale in Good Hope is priced at $31,352.

Living in Good Hope, IL

Good Hope, IL is a small, tight-knit community situated in McDonough County, providing a tranquil lifestyle amidst beautiful natural landscapes. Its friendly atmosphere and community spirit make it an ideal spot for families and retirees alike, while still being close to larger urban amenities.

Buyer vs Seller Market in Good Hope, IL

The real estate market in Good Hope is currently experiencing stable conditions, with a steady demand for single-family homes. Many buyers are attracted to the area due to its low cost of living and desirable rural setting, contributing to ongoing interest in properties available for sale.

Recent trends indicate that homes in Good Hope are selling quickly, often within a few weeks of being listed. This is largely due to the area's appeal to first-time homebuyers seeking affordable options in a peaceful setting.

Home Value Estimator For Good Hope, IL

There are currently 308 real estate properties in Good Hope, IL, with a median automated valuation model (AVM) price of $108,888.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Good Hope, 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 Good Hope, IL, is $201,410.00, with the most expensive house in Good Hope, IL, topping out at $2,931,077.00 and the cheapest home in Good Hope, IL, clocking in at $31,352.00. In other words, there’s something for every potential homebuyer or savvy investor in Good Hope, IL!

Rent Prices In Good Hope, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Good Hope, IL, is on a rollercoaster ride. The average rent price in Good Hope, IL, is $1,039.00. Indeed, when looking to rent in Good Hope, IL, you can expect to pay as little as $540.00 or as much as $1,890.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Good Hope, 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.

Good Hope, IL 61438 Foreclosures


Market Trend for Good Hope, IL

Total Listings Available: 2

Market Values:

Home Prices from $31,352 to $2,931,077

Average Sales Price: $201,410

Rental Values:

Rental from $540 to $1,890

Average Rent Value: $1,039 / month

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