Living in Baldwin, IL
Baldwin, IL is a charming small village known for its friendly community and access to outdoor activities. Residents enjoy a peaceful lifestyle with local gatherings and efficient access to larger cities. Nature lovers will appreciate the area’s recreational opportunities including parks and water activities.
Current Market Conditions in Baldwin, IL
The real estate market in Baldwin, IL, has seen a gradual increase in demand over the past year as more people seek out homes in smaller communities. The average home price has risen slightly, indicating a growing interest in the area, particularly among families and retirees.
There are currently more buyers than available properties, which is causing a competitive market. The trend shows that homes are selling faster, and some listings are receiving multiple offers, suggesting a healthy real estate environment.
Home Value Estimator For Baldwin, IL
There are currently 282 real estate properties
in Baldwin, IL,
with a median automated valuation model (AVM) price
of $92,932.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Baldwin, 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 Baldwin, IL,
is $109,850.00, with the most expensive house
in Baldwin, IL, topping out
at $348,741.00 and the cheapest home
in Baldwin, IL,
clocking in at $14,600.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Baldwin, IL!
Rent Prices
In Baldwin, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Baldwin, IL, is on
a rollercoaster ride. The
average rent price in Baldwin, IL,
is $960.00. Indeed, when looking to rent in
Baldwin, IL, you can expect to pay as little
as $600.00 or as much
as $1,800.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Baldwin, 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.