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Short Sale Listings in Beloit, WI 53511

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Living in Beloit, WI

Beloit, WI, offers a blend of small-town charm and urban conveniences. Residents enjoy a rich history, vibrant downtown, and numerous parks throughout the area. Ideal for families and retirees, Beloit provides a welcoming community and a variety of recreational activities.

Current Market Conditions in Beloit, WI

The real estate market in Beloit is currently experiencing moderate activity with a stable inventory of homes. While prices have remained relatively steady, there are signs that demand is beginning to increase as new developments are announced in the area. The affordability in comparison to neighboring cities continues to attract buyers looking for value.

Homebuyer interest in Beloit has been fueled by its proximity to larger urban areas like Rockford, IL, which has led to a slight uptick in home sales. However, competition among buyers remains manageable, providing room for negotiation in many listings.

Home Value Estimator For Beloit, WI

There are currently 16,065 real estate properties in Beloit, WI, with a median automated valuation model (AVM) price of $193,291.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Beloit, WI, 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 Beloit, WI, is $224,669.00, with the most expensive house in Beloit, WI, topping out at $2,750,200.00 and the cheapest home in Beloit, WI, clocking in at $10,236.00. In other words, there’s something for every potential homebuyer or savvy investor in Beloit, WI!

Rent Prices In Beloit, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Beloit, WI, is on a rollercoaster ride. The average rent price in Beloit, WI, is $1,462.00. Indeed, when looking to rent in Beloit, WI, you can expect to pay as little as $650.00 or as much as $2,220.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Beloit, WI -- 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.

Beloit, WI 53511 Short Sale Listings


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