Foreclosure Homes in Annawan, IL

Current Market Conditions in Annawan, IL

The real estate market in Annawan has shown steady growth over the last year, marked by increased buyer interest and a modest rise in home prices. This trend suggests a healthy demand for housing in the area, likely driven by the town's appealing lifestyle.

In recent months, the market conditions have favored sellers with a competitive edge, primarily due to limited inventory and consistent buyer demand. The increasing sales prices reflect the area's attractiveness and stability within the broader market.

Rent Prices In Annawan, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Annawan, IL, is on a rollercoaster ride. The average rent price in Annawan, IL, is $1,187.00. Indeed, when looking to rent in Annawan, IL, you can expect to pay as little as $570.00 or as much as $2,060.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Annawan, 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.