Bismarck, IL Foreclosures
How much do homes sell for in Bismarck, IL?
The average home price is currently $152,956.
In Bismarck, IL, how many homes are available?
There are currently 181 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 $735,247.
What is currently the cheapest priced home in Bismarck, IL?
The cheapest home for sale in Bismarck is priced at $11,715.
Living in Bismarck, IL
Bismarck, IL, is a quaint small town characterized by its friendly community and beautiful landscapes. With local amenities, great schools, and numerous outdoor activities, it offers an ideal environment for families and those seeking a peaceful lifestyle. Residents enjoy a smaller community vibe, perfect for growing families or retirees.
Current Market Conditions in Bismarck, IL
The real estate market in Bismarck has been stable, showing a consistent demand for homes as the town's charm attracts buyers. The affordability relative to the surrounding areas makes it a viable option for first-time homebuyers and those looking for investment properties. Overall, the market is characterized by a balanced supply and demand, with properties selling within reasonable time frames.
In recent months, the Bismarck housing market has seen a slight increase in home prices, reflecting the growing interest from buyers seeking quieter suburban options. The influx of remote workers and families moving from larger towns also contributes to this trend. As the demand continues to rise, sellers are encouraged to price their homes competitively to attract potential buyers.
Home Value Estimator For Bismarck, IL
There are currently 381 real estate properties
in Bismarck, IL,
with a median automated valuation model (AVM) price
of $145,142.00. 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 $152,956.00, with the most expensive house
in Bismarck, IL, topping out
at $735,247.00 and the cheapest home
in Bismarck, IL,
clocking in at $11,715.00. 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
