Arrowsmith, IL Foreclosures
How much do homes sell for in Arrowsmith, IL?
The average home price is currently $248,106.
In Arrowsmith, IL, how many homes are available?
There are currently 1 active home listings available in Arrowsmith.
What’s the average rental cost in Arrowsmith, IL?
The average rental price in Arrowsmith is $1,360.
What is the most expensive home in Arrowsmith?
The most expensive home sold in Arrowsmith had a price of $1,357,969.
What is currently the cheapest priced home in Arrowsmith, IL?
The cheapest home for sale in Arrowsmith is priced at $28,169.
Living in Arrowsmith, IL
Arrowsmith, Illinois is a small village that embodies a tight-knit community atmosphere perfect for individuals and families. It boasts beautiful rural landscapes and offers a tranquil lifestyle away from the hustle and bustle of city life. Nearby amenities provide convenient access to urban living while preserving the charm of a rural setting.
Current Market Conditions in Arrowsmith, IL
The real estate market in Arrowsmith, IL, has remained stable over the last few months, with a modest increase in home values due to limited inventory. The demand for homes in this peaceful village has attracted families looking for spacious properties with larger lots, conducive to outdoor activities and gardening.
Rental properties are also in demand, particularly among those who appreciate the calm environment and the quality of local schools. However, potential buyers are advised to act quickly as the best listings tend to go under contract within days.
Home Value Estimator For Arrowsmith, IL
There are currently 232 real estate properties
in Arrowsmith, IL,
with a median automated valuation model (AVM) price
of $171,150.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Arrowsmith, 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 Arrowsmith, IL,
is $248,106.00, with the most expensive house
in Arrowsmith, IL, topping out
at $1,357,969.00 and the cheapest home
in Arrowsmith, IL,
clocking in at $28,169.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Arrowsmith, IL!
Rent Prices
In Arrowsmith, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Arrowsmith, IL, is on
a rollercoaster ride. The
average rent price in Arrowsmith, IL,
is $1,360.00. Indeed, when looking to rent in
Arrowsmith, IL, you can expect to pay as little
as $780.00 or as much
as $3,260.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in Arrowsmith, 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
