Bensenville, IL Foreclosures
How much do homes sell for in Bensenville, IL?
The average home price is currently $479,013.
What’s the average rental cost in Bensenville, IL?
The average rental price in Bensenville is $1,762.
What is the most expensive home in Bensenville?
The most expensive home sold in Bensenville had a price of $44,559,384.
What is currently the cheapest priced home in Bensenville, IL?
The cheapest home for sale in Bensenville is priced at $14,595.
Living in Bensenville, IL
Bensenville, IL is a vibrant community that offers a perfect blend of suburban comfort and urban convenience. With a variety of parks, recreational options, and a welcoming atmosphere, residents enjoy a high quality of life. Its close proximity to Chicago enhances its appeal for commuters looking for a picturesque place to live.
Current Market Conditions in Bensenville, IL
Bensenville's real estate market remains robust, characterized by a healthy mix of single-family homes, townhouses, and condominiums. The demand for housing continues to grow as more families and individuals seek the benefits of suburban living near a major city. Home prices have seen stable growth as inventory remains relatively low, which is prompting new construction to meet demand.
In recent years, Bensenville has experienced an increase in market activity, particularly with homes priced between $300,000 and $600,000, which remain popular among buyers. The current trend indicates that properties are selling faster, and multiple offer situations are not uncommon, leading to competitive bidding in various price ranges.
Home Value Estimator For Bensenville, IL
There are currently 5,571 real estate properties
in Bensenville, IL,
with a median automated valuation model (AVM) price
of $328,193.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bensenville, 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 Bensenville, IL,
is $479,013.00, with the most expensive house
in Bensenville, IL, topping out
at $44,559,384.00 and the cheapest home
in Bensenville, IL,
clocking in at $14,595.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bensenville, IL!
Rent Prices
In Bensenville, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bensenville, IL, is on
a rollercoaster ride. The
average rent price in Bensenville, IL,
is $1,762.00. Indeed, when looking to rent in
Bensenville, IL, you can expect to pay as little
as $780.00 or as much
as $3,980.00,
with the average rent median estimated to
be $1,770.00. The good news is that finding
an affordable and desirable property to rent in Bensenville, 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.
Learn more on Foreclosure homes
