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Preforeclosure Homes in Abingdon, IL 61401

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Living in Abingdon, IL

Abingdon is a charming small town in western Illinois, known for its friendly community and rich agricultural roots. Residents enjoy a peaceful atmosphere with easily accessible amenities. The local schools are well-regarded, making it an attractive choice for families.

Current Market Conditions in Abingdon, IL

Currently, the real estate market in Abingdon shows steady growth, driven by demand from families seeking a comfortable lifestyle. Homes typically sell within a month, reflecting a competitive market where buyers must act quickly. The affordability of homes compared to urban areas nearby makes Abingdon an appealing destination for first-time homebuyers and retirees alike.

The rental market remains stable, with a variety of options available that cater to different budgets. With new families moving in, the market is poised for further expansion as more people discover the charm of this small town.

Home Value Estimator For Abingdon, IL

There are currently 1,735 real estate properties in Abingdon, IL, with a median automated valuation model (AVM) price of $88,533.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Abingdon, 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 Abingdon, IL, is $119,451.00, with the most expensive house in Abingdon, IL, topping out at $1,369,489.00 and the cheapest home in Abingdon, IL, clocking in at $12,035.00. In other words, there’s something for every potential homebuyer or savvy investor in Abingdon, IL!

Rent Prices In Abingdon, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Abingdon, IL, is on a rollercoaster ride. The average rent price in Abingdon, IL, is $889.00. Indeed, when looking to rent in Abingdon, IL, you can expect to pay as little as $430.00 or as much as $2,060.00, with the average rent median estimated to be $870.00. The good news is that finding an affordable and desirable property to rent in Abingdon, 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.

Abingdon, IL 61401 Preforeclosure Homes


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