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Foreclosure Homes in Medora, IL

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Medora, IL Foreclosures

How much do homes sell for in Medora, IL?
The average home price is currently $180,091.
In Medora, IL, how many homes are available?
There are currently 29 active home listings available in Medora.
What’s the average rental cost in Medora, IL?
The average rental price in Medora is $1,068.
What is the most expensive home in Medora?
The most expensive home sold in Medora had a price of $1,860,793.
What is currently the cheapest priced home in Medora, IL?
The cheapest home for sale in Medora is priced at $10,756.

Living in Medora, IL

Medora, IL is a picturesque small town located in Macoupin County that offers a peaceful rural lifestyle. With a welcoming community and access to beautiful nature, it’s an ideal spot for families and those seeking tranquility. The town also has good access to nearby urban areas for additional amenities and activities.

Current Market Conditions in Medora, IL

The real estate market in Medora has shown stability in recent months, with steady demand for homes due to its appealing rural lifestyle. Homebuyers are increasingly interested in properties that offer larger outdoor spaces, making it an enticing location.

Homes in Medora are typically well-maintained, with many listings appealing to families and retirees. There has been a noticeable increase in pricing trends as the demand for rural living continues to rise.

Home Value Estimator For Medora, IL

There are currently 411 real estate properties in Medora, IL, with a median automated valuation model (AVM) price of $121,453.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Medora, 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 Medora, IL, is $180,091.00, with the most expensive house in Medora, IL, topping out at $1,860,793.00 and the cheapest home in Medora, IL, clocking in at $10,756.00. In other words, there’s something for every potential homebuyer or savvy investor in Medora, IL!

Rent Prices In Medora, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Medora, IL, is on a rollercoaster ride. The average rent price in Medora, IL, is $1,068.00. Indeed, when looking to rent in Medora, IL, you can expect to pay as little as $790.00 or as much as $1,820.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Medora, 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.

Medora, IL Foreclosures

Market Trend for Medora, IL

Total Listings Available: 29

Market Values:

Home Prices from $10,756 to $1,860,793

Average Sales Price: $180,091

Rental Values:

Rental from $790 to $1,820

Average Rent Value: $1,068 / month

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