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Foreclosure Homes in Bonfield, IL

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Bonfield, IL Foreclosures

Current Market Conditions in in Bonfield, IL As of February 2026?
Over the past month, Bonfield has experienced a slight uptick in home sales, suggesting a seasonal boost in the real estate market. New listings have increased, enticing potential buyers, while the average time on the market for homes has decreased, indicating stronger competition among buyers. This trend points toward a recovering market, driven by interest from families and individuals relocating for a more peaceful lifestyle.
How much do homes sell for in Bonfield, IL?
The average home price is currently $316,064.
In Bonfield, IL, how many homes are available?
There are currently 13 active home listings available in Bonfield.
What’s the average rental cost in Bonfield, IL?
The average rental price in Bonfield is $1,629.
What is the most expensive home in Bonfield?
The most expensive home sold in Bonfield had a price of $1,054,883.
What is currently the cheapest priced home in Bonfield, IL?
The cheapest home for sale in Bonfield is priced at $20,070.

Living in Bonfield, IL

Bonfield, IL is a quaint village known for its peaceful atmosphere and surrounding natural beauty. The community offers a variety of outdoor activities and a strong sense of local pride. It's an ideal location for families, individuals, and nature lovers seeking a quiet lifestyle.

Buyer vs Seller Market in Bonfield, IL

The real estate market in Bonfield is currently stable, with home prices showing moderate growth over recent months. The village attracts buyers looking for affordable housing options compared to the urban areas nearby. With a blend of older homes and new constructions, the market caters to different buyer preferences.

Recent trends indicate an increase in demand for properties in Bonfield, especially from families seeking larger living spaces and a quieter environment. The community's affordability compared to urban settings has contributed to this growth.

Home Value Estimator For Bonfield, IL

There are currently 638 real estate properties in Bonfield, IL, with a median automated valuation model (AVM) price of $307,665.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bonfield, 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 Bonfield, IL, is $316,064.00, with the most expensive house in Bonfield, IL, topping out at $1,054,883.00 and the cheapest home in Bonfield, IL, clocking in at $20,070.00. In other words, there’s something for every potential homebuyer or savvy investor in Bonfield, IL!

Rent Prices In Bonfield, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bonfield, IL, is on a rollercoaster ride. The average rent price in Bonfield, IL, is $1,629.00. Indeed, when looking to rent in Bonfield, IL, you can expect to pay as little as $870.00 or as much as $3,910.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Bonfield, 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.

Bonfield, IL Foreclosures

Market Trend for Bonfield, IL

Total Listings Available: 13

Market Values:

Home Prices from $20,070 to $1,054,883

Average Sales Price: $316,064

Rental Values:

Rental from $870 to $3,910

Average Rent Value: $1,629 / month

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