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Foreclosure Homes in Bonfield, IL

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Bonfield, IL Foreclosures

How much do homes sell for in Bonfield, IL?
The average home price is currently $315,972.
In Bonfield, IL, how many homes are available?
There are currently 15 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 $1,066,396.
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 is a charming small town located in Kankakee County, Illinois. Known for its serene environment, Bonfield offers a relaxed lifestyle with a strong sense of community. The area boasts access to various outdoor activities, making it ideal for families and nature enthusiasts alike.

Current Market Conditions in Bonfield, IL

The real estate market in Bonfield has shown a steady increase in demand over the past year, as many families are seeking the peace and tranquility this small town offers. The current average home prices have seen a moderate rise, making it an attractive area for home buyers looking for affordability combined with a family-friendly environment.

Bonfield's real estate market is characterized by a mix of single-family homes and a few multi-family options. The relatively low cost of living, paired with the ease of access to the amenities of larger cities nearby, contributes to the area's popularity.

Home Value Estimator For Bonfield, IL

There are currently 601 real estate properties in Bonfield, IL, with a median automated valuation model (AVM) price of $305,233.00. 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 $315,972.00, with the most expensive house in Bonfield, IL, topping out at $1,066,396.00 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: 15

Market Values:

Home Prices from $20,070 to $1,066,396

Average Sales Price: $315,972

Rental Values:

Rental from $870 to $3,910

Average Rent Value: $1,629 / month

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