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Preforeclosure Homes in Belleville, IL

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Belleville, IL Foreclosures

Current Market Conditions in in Belleville, IL As of February 2026?
Over the past month, Belleville's real estate market has seen a slight uptick in home prices, reflecting a growing demand. Inventory levels remain tight, with many listings receiving multiple offers shortly after being placed on the market. Sellers are taking advantage of favorable market conditions, leading to quicker sales and slightly elevated sale prices. Potential buyers are encouraged to act quickly in this fast-paced environment as homes are becoming increasingly scarce.
How much do homes sell for in Belleville, IL?
The average home price is currently $222,741.
In Belleville, IL, how many homes are available?
There are currently 279 active home listings available in Belleville.
What’s the average rental cost in Belleville, IL?
The average rental price in Belleville is $1,192.
What is the most expensive home in Belleville?
The most expensive home sold in Belleville had a price of $14,974,646.
What is currently the cheapest priced home in Belleville, IL?
The cheapest home for sale in Belleville is priced at $10,006.

Living in Belleville, IL

Belleville, Illinois, is a thriving city known for its small-town charm and proximity to St. Louis. With a rich cultural scene, diverse recreational opportunities, and a strong sense of community, Belleville offers residents a great quality of life. The city features a variety of parks, local shops, and annual events that celebrate its vibrant spirit.

Buyer vs Seller Market in Belleville, IL

The real estate market in Belleville is currently experiencing steady growth, with an increase in demand for residential properties. The influx of buyers in recent months has led to a competitive market, particularly for single-family homes and townhomes. Many buyers are attracted to the city's affordable housing options compared to neighboring St. Louis, where prices tend to be higher.

Investors are increasingly seeking opportunities in Belleville to diversify their portfolios, as the rental market remains strong. The area's diverse population and economic stability provide a solid foundation for continued market growth. Recent developments and renovations in downtown Belleville are fostering new interest in the area.

Home Value Estimator For Belleville, IL

There are currently 32,560 real estate properties in Belleville, IL, with a median automated valuation model (AVM) price of $179,902.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Belleville, 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 Belleville, IL, is $222,741.00, with the most expensive house in Belleville, IL, topping out at $14,974,646.00 and the cheapest home in Belleville, IL, clocking in at $10,006.00. In other words, there’s something for every potential homebuyer or savvy investor in Belleville, IL!

Rent Prices In Belleville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Belleville, IL, is on a rollercoaster ride. The average rent price in Belleville, IL, is $1,192.00. Indeed, when looking to rent in Belleville, IL, you can expect to pay as little as $540.00 or as much as $3,140.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Belleville, 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.

Belleville, IL Preforeclosure Homes


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