Berlin, IL Foreclosures
How much do homes sell for in Berlin, IL?
The average home price is currently $93,579.
In Berlin, IL, how many homes are available?
There are currently 2 active home listings available in Berlin.
What’s the average rental cost in Berlin, IL?
The average rental price in Berlin is $1,130.
What is the most expensive home in Berlin?
The most expensive home sold in Berlin had a price of $241,347.
What is currently the cheapest priced home in Berlin, IL?
The cheapest home for sale in Berlin is priced at $14,387.
Living in Berlin, IL
Berlin, IL is a friendly small town known for its strong community bonds and a peaceful lifestyle. With its natural beauty and local activities, it attracts families and individuals looking for a quieter place to call home. Residents enjoy easy access to both nature and essential amenities.
Current Market Conditions in Berlin, IL
Currently, the Berlin, IL real estate market is experiencing a stable demand with a steady supply of homes. Listings generally see a mix of both families seeking to settle down and investors looking for rental properties. The prices in the area reflect a modest appreciation, making it an attractive choice for first-time homebuyers.
In recent months, there has been an uptick in interest from out-of-state buyers, particularly those looking for affordable housing options compared to urban centers. This trend is likely to influence market dynamics positively, leading to more competitive pricing and increased home sales.
Home Value Estimator For Berlin, IL
There are currently 80 real estate properties
in Berlin, IL,
with a median automated valuation model (AVM) price
of $73,451.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Berlin, 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 Berlin, IL,
is $93,579.00, with the most expensive house
in Berlin, IL, topping out
at $241,347.00 and the cheapest home
in Berlin, IL,
clocking in at $14,387.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Berlin, IL!
Rent Prices
In Berlin, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Berlin, IL, is on
a rollercoaster ride. The
average rent price in Berlin, IL,
is $1,130.00. Indeed, when looking to rent in
Berlin, IL, you can expect to pay as little
as $930.00 or as much
as $1,310.00,
with the average rent median estimated to
be $1,150.00. The good news is that finding
an affordable and desirable property to rent in Berlin, 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.
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