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Foreclosure Homes in Buffalo, IL

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Buffalo, IL Foreclosures

How much do homes sell for in Buffalo, IL?
The average home price is currently $160,104.
In Buffalo, IL, how many homes are available?
There are currently 14 active home listings available in Buffalo.
What’s the average rental cost in Buffalo, IL?
The average rental price in Buffalo is $1,249.
What is the most expensive home in Buffalo?
The most expensive home sold in Buffalo had a price of $1,620,036.
What is currently the cheapest priced home in Buffalo, IL?
The cheapest home for sale in Buffalo is priced at $30,490.

Living in Buffalo, IL

Buffalo, IL is a peaceful village offering a rural lifestyle with easy access to urban conveniences. Its friendly community, quality education options, and recreational activities create a supportive environment for families and individuals alike. The natural beauty of the area enhances the overall quality of life for its residents.

Current Market Conditions in Buffalo, IL

The real estate market in Buffalo, IL is currently showing signs of stability, with a consistent demand for residential properties. Home prices have seen moderate increases over the past year, and the area remains attractive for both buyers and investors looking for long-term growth potential.

With its appealing lifestyle and low cost of living, Buffalo represents a promising investment opportunity. The growing interest in the area, coupled with the availability of diverse housing options, indicates a healthy market that is likely to appreciate in the coming years.

Home Value Estimator For Buffalo, IL

There are currently 305 real estate properties in Buffalo, IL, with a median automated valuation model (AVM) price of $139,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Buffalo, 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 Buffalo, IL, is $160,104.00, with the most expensive house in Buffalo, IL, topping out at $1,620,036.00 and the cheapest home in Buffalo, IL, clocking in at $30,490.00. In other words, there’s something for every potential homebuyer or savvy investor in Buffalo, IL!

Rent Prices In Buffalo, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Buffalo, IL, is on a rollercoaster ride. The average rent price in Buffalo, IL, is $1,249.00. Indeed, when looking to rent in Buffalo, IL, you can expect to pay as little as $850.00 or as much as $1,540.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Buffalo, 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.

Buffalo, IL Foreclosures


Market Trend for Buffalo, IL

Total Listings Available: 14

Market Values:

Home Prices from $30,490 to $1,620,036

Average Sales Price: $160,104

Rental Values:

Rental from $850 to $1,540

Average Rent Value: $1,249 / month

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