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Foreclosure Homes in Alma, IL 62807

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Alma, IL Foreclosures

How much do homes sell for in Alma, IL?
The average home price is currently $112,802.
In Alma, IL, how many homes are available?
There are currently 4 active home listings available in Alma.
What’s the average rental cost in Alma, IL?
The average rental price in Alma is $995.
What is the most expensive home in Alma?
The most expensive home sold in Alma had a price of $512,756.
What is currently the cheapest priced home in Alma, IL?
The cheapest home for sale in Alma is priced at $8,036.

Living in Alma, IL

Alma, IL is a small village known for its peaceful rural lifestyle and strong community spirit. With its proximity to outdoor activities and local amenities, it offers a charming atmosphere for families and individuals alike. The village features a mix of historical charm and modern conveniences, making it an appealing place to call home.

Current Market Conditions in Alma, IL

The real estate market in Alma is currently stable, with a balanced mix of buyers and sellers. Homes are moderately priced, and the demand for residential properties remains steady. The community attracts both first-time buyers and those looking to downsize, indicating an overall healthy market.

In recent months, more individuals are considering moving to rural areas like Alma for its affordability and quality of life, which could lead to a gradual increase in property values.

Home Value Estimator For Alma, IL

There are currently 222 real estate properties in Alma, IL, with a median automated valuation model (AVM) price of $90,233.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alma, 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 Alma, IL, is $112,802.00, with the most expensive house in Alma, IL, topping out at $512,756.00 and the cheapest home in Alma, IL, clocking in at $8,036.00. In other words, there’s something for every potential homebuyer or savvy investor in Alma, IL!

Rent Prices In Alma, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alma, IL, is on a rollercoaster ride. The average rent price in Alma, IL, is $995.00. Indeed, when looking to rent in Alma, IL, you can expect to pay as little as $800.00 or as much as $1,960.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Alma, 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.

Alma, IL 62807 Foreclosures


Market Trend for Alma, IL

Total Listings Available: 4

Market Values:

Home Prices from $8,036 to $512,756

Average Sales Price: $112,802

Rental Values:

Rental from $800 to $1,960

Average Rent Value: $995 / month

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