Brookfield, IL Foreclosures
How much do homes sell for in Brookfield, IL?
The average home price is currently $365,319.
In Brookfield, IL, how many homes are available?
There are currently 29 active home listings available in Brookfield.
What’s the average rental cost in Brookfield, IL?
The average rental price in Brookfield is $1,930.
What is the most expensive home in Brookfield?
The most expensive home sold in Brookfield had a price of $4,845,484.
What is currently the cheapest priced home in Brookfield, IL?
The cheapest home for sale in Brookfield is priced at $15,472.
Living in Brookfield, IL
Brookfield is a vibrant suburb of Chicago known for its beautiful homes, family-friendly environment, and abundant green spaces. The community is home to the famous Brookfield Zoo and offers a variety of dining and shopping options. With good schools and easy access to public transportation, Brookfield is a desirable place for families and young professionals alike.
Current Market Conditions in Brookfield, IL
The real estate market in Brookfield has seen significant growth in recent years, with home prices steadily increasing due to its desirable location and amenities. Homes in the area are attractive to buyers looking for affordable options within close proximity to Chicago, offering a mix of single-family homes, condos, and townhouses that cater to various preferences and budgets.
As of late 2023, inventory levels have tightened, leading to competitive bidding among buyers. This has resulted in quicker sales, with many homes receiving multiple offers shortly after being listed. The demand for Brookfield properties remains strong, driven by an influx of families and young professionals seeking a suburban lifestyle with easy access to urban amenities.
Home Value Estimator For Brookfield, IL
There are currently 8,067 real estate properties
in Brookfield, IL,
with a median automated valuation model (AVM) price
of $352,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Brookfield, 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 Brookfield, IL,
is $365,319.00, with the most expensive house
in Brookfield, IL, topping out
at $4,845,484.00 and the cheapest home
in Brookfield, IL,
clocking in at $15,472.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Brookfield, IL!
Rent Prices
In Brookfield, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Brookfield, IL, is on
a rollercoaster ride. The
average rent price in Brookfield, IL,
is $1,930.00. Indeed, when looking to rent in
Brookfield, IL, you can expect to pay as little
as $870.00 or as much
as $3,230.00,
with the average rent median estimated to
be $1,930.00. The good news is that finding
an affordable and desirable property to rent in Brookfield, 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.
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