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Foreclosure Homes in Alorton, IL

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Alorton, IL Foreclosures

How much do homes sell for in Alorton, IL?
The average home price is currently $120,000.
In Alorton, IL, how many homes are available?
There are currently 43 active home listings available in Alorton.
What’s the average rental cost in Alorton, IL?
The average rental price in Alorton is $939.
What is the most expensive home in Alorton?
The most expensive home sold in Alorton had a price of $6,228,400.
What is currently the cheapest priced home in Alorton, IL?
The cheapest home for sale in Alorton is priced at $11,896.

Living in Alorton, IL

Alorton, IL, is a community-focused village offering suburban charm with easy access to urban conveniences. It features residential neighborhoods, local parks, and a supportive community atmosphere. The area is ideal for those seeking a quieter lifestyle while remaining close to city attractions and amenities.

Current Market Conditions in Alorton, IL

The real estate market in Alorton is currently exhibiting steady growth, with property values showing an increase over recent months. Investment opportunities abound for those looking to purchase homes, as demand remains consistent due to the village's proximity to employment centers in nearby cities.

Rental properties are also in high demand, making it an attractive location for real estate investors. The affordability of homes compared to neighboring urban areas contributes to a steady influx of potential renters and buyers, further stimulating the local market.

Home Value Estimator For Alorton, IL

There are currently 109 real estate properties in Alorton, IL, with a median automated valuation model (AVM) price of $55,814.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alorton, 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 Alorton, IL, is $120,000.00, with the most expensive house in Alorton, IL, topping out at $6,228,400.00 and the cheapest home in Alorton, IL, clocking in at $11,896.00. In other words, there’s something for every potential homebuyer or savvy investor in Alorton, IL!

Rent Prices In Alorton, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alorton, IL, is on a rollercoaster ride. The average rent price in Alorton, IL, is $939.00. Indeed, when looking to rent in Alorton, IL, you can expect to pay as little as $550.00 or as much as $2,040.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Alorton, 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.

Alorton, IL Foreclosures

Market Trend for Alorton, IL

Total Listings Available: 43

Market Values:

Home Prices from $11,896 to $6,228,400

Average Sales Price: $120,000

Rental Values:

Rental from $550 to $2,040

Average Rent Value: $939 / month

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