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Foreclosure Homes in Belvidere, IL

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Belvidere, IL Foreclosures

Current Market Conditions in in Belvidere, IL As of April 2026?
In the past month, the Belvidere housing market has shown signs of increased activity as more buyers are entering the market while interest rates remain competitive. Home prices have held steady, with homes selling slightly quicker than the previous month. This trend indicates a vibrant market where buyers are eager to secure properties before the busy spring season begins.
How much do homes sell for in Belvidere, IL?
The average home price is currently $297,139.
In Belvidere, IL, how many homes are available?
There are currently 117 active home listings available in Belvidere.
What’s the average rental cost in Belvidere, IL?
The average rental price in Belvidere is $1,297.
What is the most expensive home in Belvidere?
The most expensive home sold in Belvidere had a price of $26,361,694.
What is currently the cheapest priced home in Belvidere, IL?
The cheapest home for sale in Belvidere is priced at $10,584.

Living in Belvidere, IL

Belvidere offers a perfect blend of small-town charm and modern conveniences. With abundant parks, community events, and a historic downtown, it is an attractive place for families and professionals alike. Its proximity to larger cities provides residents with easy access to additional amenities while still enjoying the tranquility of suburban life.

Buyer vs Seller Market in Belvidere, IL

The real estate market in Belvidere is stable, with a steady demand for homes. The city has experienced moderate price appreciation over the last year, reflecting its desirability as a suburban oasis. The inventory of homes for sale has increased slightly, providing buyers with more options as they consider their next move.

Home Value Estimator For Belvidere, IL

There are currently 10,991 real estate properties in Belvidere, IL, with a median automated valuation model (AVM) price of $249,075.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Belvidere, 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 Belvidere, IL, is $297,139.00, with the most expensive house in Belvidere, IL, topping out at $26,361,694.00 and the cheapest home in Belvidere, IL, clocking in at $10,584.00. In other words, there’s something for every potential homebuyer or savvy investor in Belvidere, IL!

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.

Belvidere, IL Foreclosures

Market Trend for Belvidere, IL

Total Listings Available: 117

Market Values:

Home Prices from $10,584 to $26,361,694

Average Sales Price: $297,139

Rental Values:

Rental from $490 to $2,820

Average Rent Value: $1,297 / month

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