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Foreclosure Homes in Shipman, IL

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Shipman, IL Foreclosures

How much do homes sell for in Shipman, IL?
The average home price is currently $137,139.
In Shipman, IL, how many homes are available?
There are currently 8 active home listings available in Shipman.
What’s the average rental cost in Shipman, IL?
The average rental price in Shipman is $945.
What is the most expensive home in Shipman?
The most expensive home sold in Shipman had a price of $1,556,139.
What is currently the cheapest priced home in Shipman, IL?
The cheapest home for sale in Shipman is priced at $10,020.

Living in Shipman, IL

Shipman, Illinois, is a serene village offering a small-town lifestyle with access to countryside activities. With a friendly community and local amenities, it’s perfect for families and those seeking tranquility. The blend of rural charm and accessibility to larger cities makes it a desirable location for real estate investment.

Current Market Conditions in Shipman, IL

The real estate market in Shipman is stable, with a steady demand for residential properties. Prices have shown modest growth, making it a favorable environment for both first-time buyers and seasoned investors looking for value.

As more individuals seek out affordable housing options in rural areas, Shipman is poised to attract buyers who appreciate its charm and community spirit, potentially driving further interest in the local real estate market.

Home Value Estimator For Shipman, IL

There are currently 381 real estate properties in Shipman, IL, with a median automated valuation model (AVM) price of $108,296.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shipman, 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 Shipman, IL, is $137,139.00, with the most expensive house in Shipman, IL, topping out at $1,556,139.00 and the cheapest home in Shipman, IL, clocking in at $10,020.00. In other words, there’s something for every potential homebuyer or savvy investor in Shipman, IL!

Rent Prices In Shipman, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shipman, IL, is on a rollercoaster ride. The average rent price in Shipman, IL, is $945.00. Indeed, when looking to rent in Shipman, IL, you can expect to pay as little as $580.00 or as much as $1,880.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Shipman, 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.

Shipman, IL Foreclosures


Market Trend for Shipman, IL

Total Listings Available: 8

Market Values:

Home Prices from $10,020 to $1,556,139

Average Sales Price: $137,139

Rental Values:

Rental from $580 to $1,880

Average Rent Value: $945 / month

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