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Cheap Homes in Armstrong, IL

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Armstrong, IL Foreclosures

How much do homes sell for in Armstrong, IL?
The average home price is currently $138,699.
In Armstrong, IL, how many homes are available?
There are currently 45 active home listings available in Armstrong.
What’s the average rental cost in Armstrong, IL?
The average rental price in Armstrong is $979.
What is the most expensive home in Armstrong?
The most expensive home sold in Armstrong had a price of $396,467.
What is currently the cheapest priced home in Armstrong, IL?
The cheapest home for sale in Armstrong is priced at $42,500.

Living in Armstrong, IL

Armstrong, IL, is a charming small town characterized by its scenic rural landscapes and a strong sense of community. It offers a family-friendly atmosphere with access to quality education and nearby amenities in larger towns. Residents enjoy a peaceful lifestyle while remaining connected to the vibrant culture and activities in the surrounding area.

Current Market Conditions in Armstrong, IL

The Armstrong real estate market is currently showing signs of stability, with steady demand for single-family homes. Prices have remained relatively affordable compared to larger towns and urban areas, attracting first-time homebuyers and families looking for spacious properties and gardens.

While the number of homes available has seen a slight decrease, the area has not yet reached a seller's market, suggesting that there are still opportunities for buyers to find homes that suit their needs. Investors are increasingly looking at the charm of Armstrong as a potential rental market, giving the area potential for future growth.

Home Value Estimator For Armstrong, IL

There are currently 107 real estate properties in Armstrong, IL, with a median automated valuation model (AVM) price of $121,390.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Armstrong, 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 Armstrong, IL, is $138,699.00, with the most expensive house in Armstrong, IL, topping out at $396,467.00 and the cheapest home in Armstrong, IL, clocking in at $42,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Armstrong, IL!

Rent Prices In Armstrong, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Armstrong, IL, is on a rollercoaster ride. The average rent price in Armstrong, IL, is $979.00. Indeed, when looking to rent in Armstrong, IL, you can expect to pay as little as $670.00 or as much as $1,690.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Armstrong, 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.

Cheap Homes in Armstrong, IL


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