Condo Foreclosures in Broadlands, IL 61816

Current Market Conditions in Broadlands, IL

The real estate market in Broadlands has been showing steady growth due to its appeal to families looking for affordable housing. There has been an increase in the number of homes sold in the past year, indicating a growing interest in the area from new residents.

Home values have remained stable, and the market is characterized by moderate competition among buyers. However, the price points are still attractive compared to neighboring areas, making Broadlands an ideal choice for first-time home buyers.

Rent Prices In Broadlands, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Broadlands, IL, is on a rollercoaster ride. The average rent price in Broadlands, IL, is $1,287.00. Indeed, when looking to rent in Broadlands, IL, you can expect to pay as little as $700.00 or as much as $3,020.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Broadlands, 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.