Aroma Park, IL Foreclosures
How much do homes sell for in Aroma Park, IL?
The average home price is currently $151,408.
In Aroma Park, IL, how many homes are available?
There are currently 9 active home listings available in Aroma Park.
What’s the average rental cost in Aroma Park, IL?
The average rental price in Aroma Park is $1,081.
What is the most expensive home in Aroma Park?
The most expensive home sold in Aroma Park had a price of $617,889.
What is currently the cheapest priced home in Aroma Park, IL?
The cheapest home for sale in Aroma Park is priced at $10,748.
Living in Aroma Park, IL
Aroma Park, IL, is a quaint village in Kankakee County that offers a serene lifestyle with a strong sense of community. Its scenic surroundings and outdoor activities make it ideal for families and nature enthusiasts. Educational resources and local amenities ensure residents have access to essential services while enjoying a peaceful atmosphere.
Current Market Conditions in Aroma Park, IL
The real estate market in Aroma Park remains stable, characterized by moderately priced homes that are appealing to first-time buyers as well as those looking to downsize. The demand for homes is slightly increasing, driven by the low inventory of available properties, making it a competitive but accessible market for buyers.
Current trends indicate a variety of housing options, from single-family homes to older properties ripe for renovation. Some buyers are attracted to the idea of living in a small town where they can benefit from the charm of community living, which is contributing to the overall attractiveness of the area.
Home Value Estimator For Aroma Park, IL
There are currently 209 real estate properties
in Aroma Park, IL,
with a median automated valuation model (AVM) price
of $147,917.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Aroma Park, 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 Aroma Park, IL,
is $151,408.00, with the most expensive house
in Aroma Park, IL, topping out
at $617,889.00 and the cheapest home
in Aroma Park, IL,
clocking in at $10,748.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Aroma Park, IL!
Rent Prices
In Aroma Park, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Aroma Park, IL, is on
a rollercoaster ride. The
average rent price in Aroma Park, IL,
is $1,081.00. Indeed, when looking to rent in
Aroma Park, IL, you can expect to pay as little
as $670.00 or as much
as $1,700.00,
with the average rent median estimated to
be $1,090.00. The good news is that finding
an affordable and desirable property to rent in Aroma Park, 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
