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Cheap Homes in Braidwood, IL

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Braidwood, IL Foreclosures

How much do homes sell for in Braidwood, IL?
The average home price is currently $256,699.
In Braidwood, IL, how many homes are available?
There are currently 47 active home listings available in Braidwood.
What’s the average rental cost in Braidwood, IL?
The average rental price in Braidwood is $1,443.
What is the most expensive home in Braidwood?
The most expensive home sold in Braidwood had a price of $2,506,291.
What is currently the cheapest priced home in Braidwood, IL?
The cheapest home for sale in Braidwood is priced at $14,149.

Living in Braidwood, IL

Braidwood, IL is a charming small town that offers a peaceful suburban lifestyle with access to parks, recreational facilities, and a friendly community atmosphere. It's an ideal place for families seeking a quieter place to live while still being connected to the amenities of larger cities nearby.

Current Market Conditions in Braidwood, IL

The real estate market in Braidwood has been experiencing a steady increase in home prices over the past year, as more families seek out affordable housing options in the area. The demand for single-family homes remains strong, especially among those looking to escape urban environments.

Currently, homes in Braidwood are attracting buyers quickly, with many listings receiving multiple offers within days of being placed on the market. This trend indicates a competitive market, largely driven by the area's affordability and strong community vibe.

Home Value Estimator For Braidwood, IL

There are currently 2,365 real estate properties in Braidwood, IL, with a median automated valuation model (AVM) price of $249,046.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Braidwood, 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 Braidwood, IL, is $256,699.00, with the most expensive house in Braidwood, IL, topping out at $2,506,291.00 and the cheapest home in Braidwood, IL, clocking in at $14,149.00. In other words, there’s something for every potential homebuyer or savvy investor in Braidwood, IL!

Rent Prices In Braidwood, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Braidwood, IL, is on a rollercoaster ride. The average rent price in Braidwood, IL, is $1,443.00. Indeed, when looking to rent in Braidwood, IL, you can expect to pay as little as $570.00 or as much as $2,560.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Braidwood, 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.

Cheap Homes in Braidwood, IL


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