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Foreclosure Homes in Alhambra, IL 62001

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Alhambra, IL Foreclosures

How much do homes sell for in Alhambra, IL?
The average home price is currently $296,142.
In Alhambra, IL, how many homes are available?
There are currently 1 active home listings available in Alhambra.
What’s the average rental cost in Alhambra, IL?
The average rental price in Alhambra is $1,108.
What is the most expensive home in Alhambra?
The most expensive home sold in Alhambra had a price of $5,282,551.
What is currently the cheapest priced home in Alhambra, IL?
The cheapest home for sale in Alhambra is priced at $12,811.

Living in Alhambra, IL

Alhambra, IL is a quaint village in Madison County known for its friendly community and rural setting. It features excellent schools and plenty of parks for outdoor activities. With a blend of small-town charm and accessibility to surrounding cities, Alhambra is a wonderful place to call home.

Current Market Conditions in Alhambra, IL

Currently, Alhambra's real estate market is stable with a mix of single-family homes and land available for development. The demand for homes is steady, driven by families seeking a peaceful environment with good educational institutions.

Many homes in the area are competitively priced, appealing to first-time homebuyers and families. The local market shows signs of gradual appreciation as interest in suburban areas grows due to the increasing shift towards remote work.

Home Value Estimator For Alhambra, IL

There are currently 721 real estate properties in Alhambra, IL, with a median automated valuation model (AVM) price of $259,940.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alhambra, 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 Alhambra, IL, is $296,142.00, with the most expensive house in Alhambra, IL, topping out at $5,282,551.00 and the cheapest home in Alhambra, IL, clocking in at $12,811.00. In other words, there’s something for every potential homebuyer or savvy investor in Alhambra, IL!

Rent Prices In Alhambra, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alhambra, IL, is on a rollercoaster ride. The average rent price in Alhambra, IL, is $1,108.00. Indeed, when looking to rent in Alhambra, IL, you can expect to pay as little as $570.00 or as much as $1,790.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Alhambra, 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.

Alhambra, IL 62001 Foreclosures

Market Trend for Alhambra, IL

Total Listings Available: 1

Market Values:

Home Prices from $12,811 to $5,282,551

Average Sales Price: $296,142

Rental Values:

Rental from $570 to $1,790

Average Rent Value: $1,108 / month

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