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Short Sale Listings in Bement, IL

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Living in Bement, IL

Bement, Illinois, is a delightful small town that emphasizes community and a relaxed, rural lifestyle. With its welcoming residents and local events, it’s perfect for families seeking a quiet place with nearby amenities. Outdoor activities abound, offering scenic landscapes to explore.

Current Market Conditions in Bement, IL

The Bement real estate market is currently exhibiting a stable trend, with an increase in demand for single-family homes among young families seeking affordable housing options. Although the average days on market have increased slightly, there is still considerable interest in properties due to the town’s charm and community-oriented lifestyle.

Many prospective buyers are drawn to Bement due to its lower housing prices compared to nearby urban centers, making it an attractive market for both first-time homebuyers and investors.

Rental prices remain reasonable, making it a feasible option for those looking to live in the heart of rural Illinois without breaking the bank.

Home Value Estimator For Bement, IL

There are currently 749 real estate properties in Bement, IL, with a median automated valuation model (AVM) price of $131,170.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bement, 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 Bement, IL, is $153,239.00, with the most expensive house in Bement, IL, topping out at $1,883,621.00 and the cheapest home in Bement, IL, clocking in at $13,648.00. In other words, there’s something for every potential homebuyer or savvy investor in Bement, IL!

Rent Prices In Bement, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bement, IL, is on a rollercoaster ride. The average rent price in Bement, IL, is $1,117.00. Indeed, when looking to rent in Bement, IL, you can expect to pay as little as $500.00 or as much as $2,600.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Bement, 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.

Bement, IL Short Sale Listings


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