Land Foreclosures in Annawan, IL

Buyer vs Seller Market in Annawan, IL

The Annawan real estate market is currently experiencing steady activity, with modest price growth year-over-year. The village is attractive to those looking for affordable housing options, making it a desirable location for first-time homebuyers and families.

In recent months, there has been a noticeable increase in home buyer interest, particularly for single-family homes. Limited inventory is contributing to a competitive market, as many buyers look to relocate to the area for its peaceful setting and family-friendly amenities.

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.