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Foreclosure Homes in Bismarck, IL 61814

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Bismarck, IL Foreclosures

Current Market Conditions in in Bismarck, IL As of April 2026?
In the past month, Bismarck's real estate market has experienced a modest increase in demand, showing a slight uptick in both inquiries and offers on available homes. With interest rates remaining attractive, first-time buyers are particularly active in the market. Prices have remained stable overall, although some properties have seen slight appreciation due to increased interest. The overall market is characterized by several homes selling within days of being listed, indicating a healthy interest among buyers.
How much do homes sell for in Bismarck, IL?
The average home price is currently $159,926.
In Bismarck, IL, how many homes are available?
There are currently 1 active home listings available in Bismarck.
What’s the average rental cost in Bismarck, IL?
The average rental price in Bismarck is $1,170.
What is the most expensive home in Bismarck?
The most expensive home sold in Bismarck had a price of $757,337.
What is currently the cheapest priced home in Bismarck, IL?
The cheapest home for sale in Bismarck is priced at $11,374.

Living in Bismarck, IL

Bismarck, Illinois is a quaint small town that offers a welcoming atmosphere, excellent community spirit, and nearby outdoor recreational opportunities. With a range of affordable housing options and easy access to larger urban centers, it’s an attractive choice for families looking for a peaceful lifestyle.

Buyer vs Seller Market in Bismarck, IL

The real estate market in Bismarck is currently stable, with a slight increase in home sales over the past few months. Buyers are drawn to the area's affordability and friendly community, making it an attractive destination for growing families and retirees alike.

Inventory levels remain relatively low, indicating a balanced market where demand is stable but limited. This could potentially lead to slight price increases as new buyers enter the market seeking homes in the area.

Home Value Estimator For Bismarck, IL

There are currently 427 real estate properties in Bismarck, IL, with a median automated valuation model (AVM) price of $145,963.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bismarck, 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 Bismarck, IL, is $159,926.00, with the most expensive house in Bismarck, IL, topping out at $757,337.00 and the cheapest home in Bismarck, IL, clocking in at $11,374.00. In other words, there’s something for every potential homebuyer or savvy investor in Bismarck, IL!

Rent Prices In Bismarck, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bismarck, IL, is on a rollercoaster ride. The average rent price in Bismarck, IL, is $1,170.00. Indeed, when looking to rent in Bismarck, IL, you can expect to pay as little as $770.00 or as much as $2,360.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Bismarck, 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.

Bismarck, IL 61814 Foreclosures

Market Trend for Bismarck, IL

Total Listings Available: 1

Market Values:

Home Prices from $11,374 to $757,337

Average Sales Price: $159,926

Rental Values:

Rental from $770 to $2,360

Average Rent Value: $1,170 / month

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