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City-owned Homes And Land in Bonfield, IL 60913

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Bonfield, IL Foreclosures

How much do homes sell for in Bonfield, IL?
The average home price is currently $319,890.
In Bonfield, IL, how many homes are available?
There are currently 11 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 $1,076,513.
What is currently the cheapest priced home in Bonfield, IL?
The cheapest home for sale in Bonfield is priced at $20,062.

Living in Bonfield, IL

Bonfield, IL, is a quaint village nestled in Kankakee County, offering a peaceful lifestyle away from the hustle and bustle of city life. Known for its spacious homes and tight-knit community, Bonfield provides easy access to outdoor activities and nearby urban amenities. It's an ideal location for families and those seeking a tranquil living environment.

Current Market Conditions in Bonfield, IL

The real estate market in Bonfield has been stable, with a slight increase in demand for homes due to the village's attractive quality of life and low density. New developments have begun to attract buyers looking for spacious properties away from urban congestion.

Recent trends have shown that home prices are consistently appreciating, making it a good time for sellers to enter the market. Buyers are drawn to the area by its affordable housing options compared to nearby cities, leading to a steady number of sales.

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 $309,115.00. 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 $319,890.00, with the most expensive house in Bonfield, IL, topping out at $1,076,513.00 and the cheapest home in Bonfield, IL, clocking in at $20,062.00. 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 60913 City-owned Homes And Land


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