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Cheap Homes in Bingham, IL

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Bingham, IL Foreclosures

How much do homes sell for in Bingham, IL?
The average home price is currently $192,902.
In Bingham, IL, how many homes are available?
There are currently 1 active home listings available in Bingham.
What’s the average rental cost in Bingham, IL?
The average rental price in Bingham is $930.
What is the most expensive home in Bingham?
The most expensive home sold in Bingham had a price of $660,101.
What is currently the cheapest priced home in Bingham, IL?
The cheapest home for sale in Bingham is priced at $19,758.

Living in Bingham, IL

Bingham, IL is a charming small village in central Illinois known for its peaceful rural setting. With a close-knit community and beautiful landscapes, it offers a serene lifestyle away from the hustle and bustle of city life. Residents enjoy access to local amenities while embracing the tranquility of the countryside.

Current Market Conditions in Bingham, IL

The real estate market in Bingham has observed a stable yet slow growth trajectory over the past few months. There is a modest increase in demand for single-family homes as people seek out quieter living spaces. However, the inventory remains low, leading to a competitive market for quality homes.

Home Value Estimator For Bingham, IL

There are currently 51 real estate properties in Bingham, IL, with a median automated valuation model (AVM) price of $146,732.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bingham, 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 Bingham, IL, is $192,902.00, with the most expensive house in Bingham, IL, topping out at $660,101.00 and the cheapest home in Bingham, IL, clocking in at $19,758.00. In other words, there’s something for every potential homebuyer or savvy investor in Bingham, IL!

Rent Prices In Bingham, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bingham, IL, is on a rollercoaster ride. The average rent price in Bingham, IL, is $930.00. Indeed, when looking to rent in Bingham, IL, you can expect to pay as little as $930.00 or as much as $930.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Bingham, 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.

Cheap Homes in Bingham, IL


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