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Preforeclosure Homes in Aledo, IL

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Aledo, IL Foreclosures

How much do homes sell for in Aledo, IL?
The average home price is currently $162,231.
In Aledo, IL, how many homes are available?
There are currently 1 active home listings available in Aledo.
What’s the average rental cost in Aledo, IL?
The average rental price in Aledo is $1,099.
What is the most expensive home in Aledo?
The most expensive home sold in Aledo had a price of $1,081,088.
What is currently the cheapest priced home in Aledo, IL?
The cheapest home for sale in Aledo is priced at $13,399.

Living in Aledo, IL

Nestled in the heart of Mercer County, Aledo, IL, offers a quaint and vibrant community with a rich history and numerous recreational options. Known for its stunning downtown and friendly residents, this small town balances rural charm with modern conveniences. With great schools and family-friendly activities, Aledo is an excellent place to call home.

Current Market Conditions in Aledo, IL

The Aledo real estate market is steady, with a mix of affordable homes and higher-end properties catering to various buyers. The community's appeal is enhanced by the affordable cost of living compared to urban areas, attracting families and retirees alike.

In recent months, Aledo has seen an increase in demand for housing, driven by buyers seeking small-town charm and a peaceful lifestyle. This trend indicates a growing interest in the area, making it an appealing option for real estate investment.

Home Value Estimator For Aledo, IL

There are currently 1,885 real estate properties in Aledo, IL, with a median automated valuation model (AVM) price of $139,870.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Aledo, 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 Aledo, IL, is $162,231.00, with the most expensive house in Aledo, IL, topping out at $1,081,088.00 and the cheapest home in Aledo, IL, clocking in at $13,399.00. In other words, there’s something for every potential homebuyer or savvy investor in Aledo, IL!

Rent Prices In Aledo, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Aledo, IL, is on a rollercoaster ride. The average rent price in Aledo, IL, is $1,099.00. Indeed, when looking to rent in Aledo, IL, you can expect to pay as little as $630.00 or as much as $2,180.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Aledo, 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.

Aledo, IL Preforeclosure Homes


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