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Short Sale Listings in Berwyn, IL

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Berwyn, IL Foreclosures

How much do homes sell for in Berwyn, IL?
The average home price is currently $344,997.
In Berwyn, IL, how many homes are available?
There are currently 107 active home listings available in Berwyn.
What’s the average rental cost in Berwyn, IL?
The average rental price in Berwyn is $1,678.
What is the most expensive home in Berwyn?
The most expensive home sold in Berwyn had a price of $12,278,550.
What is currently the cheapest priced home in Berwyn, IL?
The cheapest home for sale in Berwyn is priced at $11,303.

Living in Berwyn, IL

Berwyn, IL is a vibrant city located west of Chicago, known for its charming neighborhoods and diverse community. It offers a variety of amenities, parks, and cultural events, making it a great place to live. The close proximity to Chicago provides easy access for commuters.

Current Market Conditions in Berwyn, IL

The real estate market in Berwyn is currently experiencing steady growth, with an increase in demand for single-family homes and condominiums. The city's affordability compared to nearby areas continues to attract families and young professionals.

Recently, the market has seen a surge in home prices due to limited inventory, but the overall market remains accessible for first-time homebuyers. The community's charm and amenities keep Berwyn at the forefront of desirable residential options in the Chicago suburbs.

Home Value Estimator For Berwyn, IL

There are currently 16,805 real estate properties in Berwyn, IL, with a median automated valuation model (AVM) price of $326,508.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Berwyn, 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 Berwyn, IL, is $344,997.00, with the most expensive house in Berwyn, IL, topping out at $12,278,550.00 and the cheapest home in Berwyn, IL, clocking in at $11,303.00. In other words, there’s something for every potential homebuyer or savvy investor in Berwyn, IL!

Rent Prices In Berwyn, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Berwyn, IL, is on a rollercoaster ride. The average rent price in Berwyn, IL, is $1,678.00. Indeed, when looking to rent in Berwyn, IL, you can expect to pay as little as $790.00 or as much as $3,290.00, 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 Berwyn, 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.

Berwyn, IL Short Sale Listings

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