Bolingbrook, IL Foreclosures
How much do homes sell for in Bolingbrook, IL?
The average home price is currently $537,253.
In Bolingbrook, IL, how many homes are available?
There are currently 741 active home listings available in Bolingbrook.
What’s the average rental cost in Bolingbrook, IL?
The average rental price in Bolingbrook is $1,879.
What is the most expensive home in Bolingbrook?
The most expensive home sold in Bolingbrook had a price of $155,192,912.
What is currently the cheapest priced home in Bolingbrook, IL?
The cheapest home for sale in Bolingbrook is priced at $17,188.
Living in Bolingbrook, IL
Bolingbrook, IL is a thriving suburban community noted for its excellent schools, abundant recreational opportunities, and friendly atmosphere. With its proximity to Chicago, it offers residents the best of both urban and suburban lifestyles. Bolingbrook is ideal for families, professionals, and anyone looking for a peaceful living environment with a strong community spirit.
Current Market Conditions in Bolingbrook, IL
The real estate market in Bolingbrook has shown resilience and steady performance, characterized by varied housing options ranging from single-family homes to townhouses. Recent trends indicate a competitive market with a mix of both buyers and sellers actively participating in real estate transactions. Homes are being sold relatively quickly, and appreciation is observed in property values, indicating a healthy demand for housing in the area.
Over the last few months, Bolingbrook has become increasingly attractive due to its affordability compared to surrounding areas, making it a popular choice for first-time homebuyers and families. The market has begun to show signs of a slight cooling from the frenzied pace earlier in the year, leading to more balanced conditions. However, prices remain competitive, reflecting the ongoing interest in suburban living.
Home Value Estimator For Bolingbrook, IL
There are currently 22,454 real estate properties
in Bolingbrook, IL,
with a median automated valuation model (AVM) price
of $368,084.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bolingbrook, 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 Bolingbrook, IL,
is $537,253.00, with the most expensive house
in Bolingbrook, IL, topping out
at $155,192,912.00 and the cheapest home
in Bolingbrook, IL,
clocking in at $17,188.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bolingbrook, IL!
Rent Prices
In Bolingbrook, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bolingbrook, IL, is on
a rollercoaster ride. The
average rent price in Bolingbrook, IL,
is $1,879.00. Indeed, when looking to rent in
Bolingbrook, IL, you can expect to pay as little
as $910.00 or as much
as $3,600.00,
with the average rent median estimated to
be $1,820.00. The good news is that finding
an affordable and desirable property to rent in Bolingbrook, 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.
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