Foreclosure Homes in Beardstown, IL

Current Market Conditions in Beardstown, IL

The current real estate market in Beardstown is relatively stable, with a balanced supply of homes for sale and demand from buyers. However, properties are moving quickly, especially those priced competitively, showcasing a slight increase in market activity over the past months.

There is a noticeable interest from first-time homebuyers and families looking to relocate to smaller towns for a lifestyle change. This trend has prompted an increase in new construction projects to meet the growing demand.

Rental prices have also seen steady growth, driven by the influx of individuals who appreciate the small-town charm yet need access to larger city amenities.

Rent Prices In Beardstown, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Beardstown, IL, is on a rollercoaster ride. The average rent price in Beardstown, IL, is $910.00. Indeed, when looking to rent in Beardstown, IL, you can expect to pay as little as $590.00 or as much as $1,850.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Beardstown, 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.