Bismarck, IL Foreclosures
How much do homes sell for in Bismarck, IL?
The average home price is currently $160,901.
In Bismarck, IL, how many homes are available?
There are currently 2 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 $795,231.
What is currently the cheapest priced home in Bismarck, IL?
The cheapest home for sale in Bismarck is priced at $11,618.
Living in Bismarck, IL
Bismarck, IL is a quaint village that offers a peaceful suburban lifestyle complemented by a supportive community. With various parks and recreation options, residents can enjoy the outdoors while being conveniently located near larger urban areas for work and play.
Current Market Conditions in Bismarck, IL
The real estate market in Bismarck has shown steady growth in the past year, with an increase in home values due to rising demand. Average home prices have climbed moderately, suggesting a healthy market, with buyers attracted to Bismarck's charm and amenities.
Many homes in Bismarck are being purchased by families looking for affordable housing in a safe environment, which has contributed to a low inventory of available homes. This trend indicates a competitive market as buyers are willing to act quickly on desirable properties.
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 $145,189.00. 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 $160,901.00, with the most expensive house
in Bismarck, IL, topping out
at $795,231.00 and the cheapest home
in Bismarck, IL,
clocking in at $11,618.00. 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.
Learn more on Foreclosure homes
