Arlington, IL Foreclosures
How much do homes sell for in Arlington, IL?
The average home price is currently $140,224.
What’s the average rental cost in Arlington, IL?
The average rental price in Arlington is $935.
What is the most expensive home in Arlington?
The most expensive home sold in Arlington had a price of $457,389.
What is currently the cheapest priced home in Arlington, IL?
The cheapest home for sale in Arlington is priced at $30,357.
Living in Arlington, IL
Arlington, IL, is a thriving suburban community known for its excellent schools and a strong family-friendly atmosphere. With a vibrant downtown area and numerous parks, residents can enjoy both urban conveniences and outdoor activities. The close-knit community fosters a lively social scene with frequent events and local gatherings.
Current Market Conditions in Arlington, IL
Arlington, IL, has a competitive real estate market that continues to attract buyers due to its excellent school system and desirable location. The neighborhood features a variety of homes, from historic houses to modern constructions, catering to different preferences and budgets. The recent trend shows an increase in home values as demand drives prices up due to limited inventory and high interest from buyers.
The market has witnessed a steady appreciation in property values over the past few years, making it a promising investment location. Homes are selling relatively quickly, and the market is characterized by a mix of buyers, including families, retirees, and young professionals seeking a suburban lifestyle.
Home Value Estimator For Arlington, IL
There are currently 118 real estate properties
in Arlington, IL,
with a median automated valuation model (AVM) price
of $131,569.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Arlington, 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 Arlington, IL,
is $140,224.00, with the most expensive house
in Arlington, IL, topping out
at $457,389.00 and the cheapest home
in Arlington, IL,
clocking in at $30,357.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Arlington, IL!
Rent Prices
In Arlington, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Arlington, IL, is on
a rollercoaster ride. The
average rent price in Arlington, IL,
is $935.00. Indeed, when looking to rent in
Arlington, IL, you can expect to pay as little
as $790.00 or as much
as $1,940.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Arlington, 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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