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Foreclosure Homes in Annawan, IL

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Annawan, IL Foreclosures

Current Market Conditions in in Annawan, IL As of April 2026?
Over the past month, the real estate market in Annawan has experienced slight fluctuations, with some homes selling slightly above their asking prices. Inventory levels remain low, making it a competitive market for home buyers. New listings are entering the market, providing some options for those seeking homes in the area.
How much do homes sell for in Annawan, IL?
The average home price is currently $220,362.
In Annawan, IL, how many homes are available?
There are currently 72 active home listings available in Annawan.
What’s the average rental cost in Annawan, IL?
The average rental price in Annawan is $1,187.
What is the most expensive home in Annawan?
The most expensive home sold in Annawan had a price of $2,777,589.
What is currently the cheapest priced home in Annawan, IL?
The cheapest home for sale in Annawan is priced at $10,551.

Living in Annawan, IL

Annawan, Illinois, offers a quaint, community-centered lifestyle surrounded by beautiful landscapes and convenient amenities. Known for its friendly atmosphere, Annawan provides residents with affordable housing options, local shops, and parks. The village's strategic location allows easy access to larger urban centers.

Buyer vs Seller Market in Annawan, IL

The real estate market in Annawan is currently stable, with a slight increase in home prices over the past year. Buyers are drawn to the village due to its affordability compared to larger cities, making it an attractive option for families and retirees alike.

New homes are being developed, and the demand for properties in the area has shown a positive trend. With the historical charm of the village and the increase in remote work opportunities, more buyers are considering Annawan for permanent residence.

Home Value Estimator For Annawan, IL

There are currently 601 real estate properties in Annawan, IL, with a median automated valuation model (AVM) price of $160,910.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Annawan, 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 Annawan, IL, is $220,362.00, with the most expensive house in Annawan, IL, topping out at $2,777,589.00 and the cheapest home in Annawan, IL, clocking in at $10,551.00. In other words, there’s something for every potential homebuyer or savvy investor in Annawan, IL!

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.

Annawan, IL Foreclosures

Market Trend for Annawan, IL

Total Listings Available: 72

Market Values:

Home Prices from $10,551 to $2,777,589

Average Sales Price: $220,362

Rental Values:

Rental from $570 to $2,060

Average Rent Value: $1,187 / month

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