Assumption, IL Foreclosures
How much do homes sell for in Assumption, IL?
The average home price is currently $145,120.
In Assumption, IL, how many homes are available?
There are currently 1 active home listings available in Assumption.
What’s the average rental cost in Assumption, IL?
The average rental price in Assumption is $1,028.
What is the most expensive home in Assumption?
The most expensive home sold in Assumption had a price of $634,189.
What is currently the cheapest priced home in Assumption, IL?
The cheapest home for sale in Assumption is priced at $10,087.
Living in Assumption, IL
Assumption, IL, is a quaint village in Christian County with a close-knit community feel. Known for its friendly residents and affordable housing, Assumption offers a peaceful lifestyle surrounded by nature. It's perfect for families and retirees looking for a slower pace without sacrificing access to urban conveniences.
Current Market Conditions in Assumption, IL
The real estate market in Assumption, IL, remains stable, particularly for affordable housing options that appeal to first-time buyers and retirees. There has been a steady interest in properties, with many homes selling within a month of being listed, reflecting a competitive environment despite the village's small size. The average home price has remained consistent, providing opportunities for both investors and homebuyers.
In recent months, Assumption has seen a slight increase in demand for residential properties, particularly single-family homes. Buyers are searching for properties that offer outdoor space and community amenities, indicative of a shift in preferences towards more suburban living. As remote work continues to be a viable option for many, this trend is likely to continue, positively impacting the area’s housing market.
Home Value Estimator For Assumption, IL
There are currently 719 real estate properties
in Assumption, IL,
with a median automated valuation model (AVM) price
of $118,280.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Assumption, 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 Assumption, IL,
is $145,120.00, with the most expensive house
in Assumption, IL, topping out
at $634,189.00 and the cheapest home
in Assumption, IL,
clocking in at $10,087.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Assumption, IL!
Rent Prices
In Assumption, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Assumption, IL, is on
a rollercoaster ride. The
average rent price in Assumption, IL,
is $1,028.00. Indeed, when looking to rent in
Assumption, IL, you can expect to pay as little
as $580.00 or as much
as $2,130.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Assumption, 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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