Bonfield, IL Foreclosures
How much do homes sell for in Bonfield, IL?
The average home price is currently $316,369.
In Bonfield, IL, how many homes are available?
There are currently 3 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 $1,056,223.
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 small, quaint village in Kankakee County that offers a peaceful rural lifestyle. It features a close-knit community, with charming local shops and easy access to outdoor activities. Families will appreciate the area's outdoor spaces and the balance between small-town charm and nearby urban conveniences.
Current Market Conditions in Bonfield, IL
Currently, the Bonfield real estate market is showing signs of stability, with consistent demand for homes due to its appealing rural lifestyle. Though the area is not experiencing rapid growth, prices have remained relatively steady, appealing to those seeking affordable living outside of urban centers.
Over the past few months, there has been a slight increase in home sales as more buyers are drawn to the tranquility and community nature of Bonfield, leading to a competitive market that favors sellers despite the overall slow growth in the region.
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 $306,891.00. 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 $316,369.00, with the most expensive house
in Bonfield, IL, topping out
at $1,056,223.00 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.
Learn more on Foreclosure homes
