Living in Antioch, IL
Antioch is a charming village located in Lake County, Illinois, known for its vibrant community and picturesque landscapes. The area boasts a mix of suburban comfort with easy access to outdoor activities, including local lakes and parks. Residents enjoy a small-town atmosphere while being just a short drive away from larger urban centers.
Current Market Conditions in Antioch, IL
Antioch's real estate market has seen steady growth over the past year, with an increase in median home prices and a competitive environment for both buyers and sellers. The appeal of Antioch lies in its community-focused lifestyle, access to recreational activities, and affordable housing options compared to neighboring suburbs. As more families and individuals seek to escape urban density, demand in this area continues to rise.
In recent months, Antioch has experienced a slight shift towards a seller's market, characterized by lower inventory levels. Homes are generally selling quickly, often within days of being listed, and multiple offers are common. Buyers are motivated by historically low interest rates and a desire for more space, which is prompting many to consider moving to Antioch.
Home Value Estimator For Antioch, IL
There are currently 10,883 real estate properties
in Antioch, IL,
with a median automated valuation model (AVM) price
of $332,215.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Antioch, 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 Antioch, IL,
is $365,605.00, with the most expensive house
in Antioch, IL, topping out
at $60,589,972.00 and the cheapest home
in Antioch, IL,
clocking in at $10,345.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Antioch, IL!
Rent Prices
In Antioch, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Antioch, IL, is on
a rollercoaster ride. The
average rent price in Antioch, IL,
is $1,580.00. Indeed, when looking to rent in
Antioch, IL, you can expect to pay as little
as $680.00 or as much
as $3,440.00,
with the average rent median estimated to
be $1,550.00. The good news is that finding
an affordable and desirable property to rent in Antioch, 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.
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