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 is a charming small village situated in Kankakee County, Illinois. This serene location offers a tight-knit community atmosphere with a blend of quaint homes and local businesses. Residents benefit from the natural beauty of nearby parks and outdoor activities, all while enjoying the convenience of proximity to larger urban amenities.
Current Market Conditions in Aroma Park, IL
The real estate market in Aroma Park is currently stable, with a slight uptick in demand for single-family homes. Prices remain affordable compared to urban counterparts, making it an attractive option for first-time buyers and families looking for more space and a community-oriented lifestyle.
Market trends indicate that properties are selling moderately quickly, reflecting the appeal of the area for those seeking a quieter lifestyle away from the hustle of city living. Many buyers are drawn to the charm of Aroma Park, appreciating the small-town feel while still being close to larger cities.
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.
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