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Condo Foreclosures in Berkeley, IL

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Berkeley, IL Foreclosures

How much do homes sell for in Berkeley, IL?
The average home price is currently $318,442.
In Berkeley, IL, how many homes are available?
There are currently 2,880 active home listings available in Berkeley.
What’s the average rental cost in Berkeley, IL?
The average rental price in Berkeley is $1,794.
What is the most expensive home in Berkeley?
The most expensive home sold in Berkeley had a price of $3,934,103.
What is currently the cheapest priced home in Berkeley, IL?
The cheapest home for sale in Berkeley is priced at $28,350.

Living in Berkeley, IL

Berkeley, IL offers a charming suburban lifestyle with easy access to Chicago, making it a fantastic place for families and individuals alike. The village features a friendly community atmosphere, local parks, and quality schools. With convenient transportation options, residents can enjoy both suburban convenience and urban excitement.

Current Market Conditions in Berkeley, IL

The real estate market in Berkeley has seen steady growth over the past few years, with home prices rising alongside demand for family homes in suburban areas. The community's appeal, with its green spaces and educational opportunities, has attracted many buyers looking for their next home.

Currently, the market is competitive, with a mix of single-family homes and townhouses available. Properties are moving quickly, indicating a strong buyer interest in fit-for-family homes and investment properties.

Home Value Estimator For Berkeley, IL

There are currently 1,846 real estate properties in Berkeley, IL, with a median automated valuation model (AVM) price of $299,912.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Berkeley, 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 Berkeley, IL, is $318,442.00, with the most expensive house in Berkeley, IL, topping out at $3,934,103.00 and the cheapest home in Berkeley, IL, clocking in at $28,350.00. In other words, there’s something for every potential homebuyer or savvy investor in Berkeley, IL!

Rent Prices In Berkeley, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Berkeley, IL, is on a rollercoaster ride. The average rent price in Berkeley, IL, is $1,794.00. Indeed, when looking to rent in Berkeley, IL, you can expect to pay as little as $1,180.00 or as much as $3,280.00, with the average rent median estimated to be $1,780.00. The good news is that finding an affordable and desirable property to rent in Berkeley, 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.

Berkeley, IL Condos

Market Trend for Berkeley, IL

Total Listings Available: 2,880

Market Values:

Home Prices from $28,350 to $3,934,103

Average Sales Price: $318,442

Rental Values:

Rental from $1,180 to $3,280

Average Rent Value: $1,794 / month

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