Bellmont, IL Foreclosures
Current Market Conditions in in Bellmont, IL As of February 2026?
Over the past month, Bellmont, IL has seen a slight increase in home sales, with more buyers entering the market. Properties are receiving multiple offers, leading to quicker sales. Inventory remains a challenge as fewer homes are listed, indicating a competitive environment for prospective buyers looking for homes in the area.
How much do homes sell for in Bellmont, IL?
The average home price is currently $79,511.
What’s the average rental cost in Bellmont, IL?
The average rental price in Bellmont is $1,089.
What is the most expensive home in Bellmont?
The most expensive home sold in Bellmont had a price of $232,511.
What is currently the cheapest priced home in Bellmont, IL?
The cheapest home for sale in Bellmont is priced at $43,866.
Living in Bellmont, IL
Bellmont, Illinois, is a quaint rural community located in the southwestern part of the state. Known for its friendly residents and close-knit environment, this small town provides a peaceful escape from the hustle and bustle of larger cities. With plenty of outdoor activities and local charm, Bellmont is an ideal destination for families looking for a serene place to call home.
Buyer vs Seller Market in Bellmont, IL
The Bellmont real estate market has displayed steady growth over the past few years, with increasing demand for homes as buyers seek the lifestyle benefits of a small town. Families and retirees are finding Bellmont to be a desirable place due to its community-oriented atmosphere and affordable housing.
Home prices in Bellmont are relatively lower compared to larger nearby cities, making it an attractive area for first-time buyers. With new developments and renovations, some homes are experiencing appreciation in value, indicating a healthy market.
Home Value Estimator For Bellmont, IL
There are currently 139 real estate properties
in Bellmont, IL,
with a median automated valuation model (AVM) price
of $66,839.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bellmont, 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 Bellmont, IL,
is $79,511.00, with the most expensive house
in Bellmont, IL, topping out
at $232,511.00 and the cheapest home
in Bellmont, IL,
clocking in at $43,866.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bellmont, IL!
Rent Prices
In Bellmont, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bellmont, IL, is on
a rollercoaster ride. The
average rent price in Bellmont, IL,
is $1,089.00. Indeed, when looking to rent in
Bellmont, IL, you can expect to pay as little
as $810.00 or as much
as $1,510.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Bellmont, 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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