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Foreclosure Homes in Bone Gap, IL 62815

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Bone Gap, IL Foreclosures

How much do homes sell for in Bone Gap, IL?
The average home price is currently $83,255.
What’s the average rental cost in Bone Gap, IL?
The average rental price in Bone Gap is $907.
What is the most expensive home in Bone Gap?
The most expensive home sold in Bone Gap had a price of $245,684.
What is currently the cheapest priced home in Bone Gap, IL?
The cheapest home for sale in Bone Gap is priced at $2,543.

Living in Bone Gap, IL

Bone Gap is a quiet village nestled in Edwards County, Illinois, offering a serene rural lifestyle. Known for its friendly community and beautiful landscapes, it provides ample opportunities for outdoor recreation. The village is conveniently located near essential amenities, making it an ideal place for families and individuals seeking tranquility.

Current Market Conditions in Bone Gap, IL

The real estate market in Bone Gap remains stable, characterized by affordable housing options. With a mixture of single-family homes and land, the area attracts buyers looking for a quiet lifestyle.

Investors are noticing the potential for growth in this region, particularly due to its rural appeal and accessibility to larger towns nearby.

Home Value Estimator For Bone Gap, IL

There are currently 99 real estate properties in Bone Gap, IL, with a median automated valuation model (AVM) price of $69,562.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bone Gap, 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 Bone Gap, IL, is $83,255.00, with the most expensive house in Bone Gap, IL, topping out at $245,684.00 and the cheapest home in Bone Gap, IL, clocking in at $2,543.00. In other words, there’s something for every potential homebuyer or savvy investor in Bone Gap, IL!

Rent Prices In Bone Gap, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bone Gap, IL, is on a rollercoaster ride. The average rent price in Bone Gap, IL, is $907.00. Indeed, when looking to rent in Bone Gap, IL, you can expect to pay as little as $700.00 or as much as $1,310.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Bone Gap, 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.

Bone Gap, IL 62815 Foreclosures


Market Trend for Bone Gap, IL

Total Listings Available: 0

Market Values:

Home Prices from $2,543 to $245,684

Average Sales Price: $83,255

Rental Values:

Rental from $700 to $1,310

Average Rent Value: $907 / month

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