Search Results in Belvidere, IL

Current Market Conditions in Belvidere, IL

The real estate market in Belvidere is currently considered stable with moderate activity. Home prices have seen a slight increase over the past few months, indicating a growing interest in the area among buyers. More families and first-time home buyers are seeking properties here due to the affordable housing options and quality of life.

Investors are noticing the potential for appreciation in home values, as the local economy continues to show signs of growth. New developments and renovations of older properties are starting to attract attention, making it a promising market for investment.

Rent Prices In Belvidere, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Belvidere, IL, is on a rollercoaster ride. The average rent price in Belvidere, IL, is $1,297.00. Indeed, when looking to rent in Belvidere, IL, you can expect to pay as little as $490.00 or as much as $2,820.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Belvidere, 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.