Belknap, IL Foreclosures
How much do homes sell for in Belknap, IL?
The average home price is currently $161,020.
In Belknap, IL, how many homes are available?
There are currently 1 active home listings available in Belknap.
What’s the average rental cost in Belknap, IL?
The average rental price in Belknap is $958.
What is the most expensive home in Belknap?
The most expensive home sold in Belknap had a price of $919,680.
What is currently the cheapest priced home in Belknap, IL?
The cheapest home for sale in Belknap is priced at $12,000.
Living in Belknap, IL
Belknap, IL, is a quaint village that offers a serene living experience ideal for nature lovers and those seeking a close-knit community. With access to outdoor activities and nearby schools, it combines the tranquility of rural life with necessary amenities just a short drive away. Perfect for families or anyone looking to escape urban chaos, Belknap is a hidden gem in southern Illinois.
Current Market Conditions in Belknap, IL
The real estate market in Belknap, IL, is currently favorable for buyers, boasting affordable properties and a stable housing price trend. The low inventory in this small village indicates a potential increase in demand as more people discover this peaceful location. Despite being a small market, the potential for value appreciation is present, especially for those looking for investment properties or second homes.
Compared to larger urban areas, homes in Belknap are relatively affordable, with prices that appeal to first-time homebuyers and retirees alike. The low competition allows buyers to negotiate better deals, which is beneficial in a slow-paced market.
Home Value Estimator For Belknap, IL
There are currently 154 real estate properties
in Belknap, IL,
with a median automated valuation model (AVM) price
of $105,087.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Belknap, 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 Belknap, IL,
is $161,020.00, with the most expensive house
in Belknap, IL, topping out
at $919,680.00 and the cheapest home
in Belknap, IL,
clocking in at $12,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Belknap, IL!
Rent Prices
In Belknap, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Belknap, IL, is on
a rollercoaster ride. The
average rent price in Belknap, IL,
is $958.00. Indeed, when looking to rent in
Belknap, IL, you can expect to pay as little
as $570.00 or as much
as $1,620.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Belknap, 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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