Armington, IL Foreclosures
How much do homes sell for in Armington, IL?
The average home price is currently $198,015.
In Armington, IL, how many homes are available?
There are currently 2 active home listings available in Armington.
What’s the average rental cost in Armington, IL?
The average rental price in Armington is $1,271.
What is the most expensive home in Armington?
The most expensive home sold in Armington had a price of $751,000.
What is currently the cheapest priced home in Armington, IL?
The cheapest home for sale in Armington is priced at $21,592.
Living in Armington, IL
Armington, IL, is a quaint small town characterized by its friendly community, beautiful landscapes, and strong emphasis on education. With access to outdoor activities and local amenities, it's an ideal place for families looking for a peaceful lifestyle away from bustling city life.
Current Market Conditions in Armington, IL
The current real estate market in Armington is stable, with a healthy mixture of both buyers and sellers. Homes in the area are typically sold within a reasonable timeframe, reflecting the desirability of living in a small-town environment.
As more people seek out suburban options for housing, particularly post-pandemic, Armington's market has seen a modest increase in demand, driving prices upward slowly but steadily. This trend indicates a growing interest in buying homes in this region.
Home Value Estimator For Armington, IL
There are currently 253 real estate properties
in Armington, IL,
with a median automated valuation model (AVM) price
of $148,331.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Armington, 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 Armington, IL,
is $198,015.00, with the most expensive house
in Armington, IL, topping out
at $751,000.00 and the cheapest home
in Armington, IL,
clocking in at $21,592.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Armington, IL!
Rent Prices
In Armington, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Armington, IL, is on
a rollercoaster ride. The
average rent price in Armington, IL,
is $1,271.00. Indeed, when looking to rent in
Armington, IL, you can expect to pay as little
as $580.00 or as much
as $2,260.00,
with the average rent median estimated to
be $1,230.00. The good news is that finding
an affordable and desirable property to rent in Armington, 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.
Learn more on Foreclosure homes
