Buncombe, IL Foreclosures
How much do homes sell for in Buncombe, IL?
The average home price is currently $144,474.
In Buncombe, IL, how many homes are available?
There are currently 1 active home listings available in Buncombe.
What’s the average rental cost in Buncombe, IL?
The average rental price in Buncombe is $949.
What is the most expensive home in Buncombe?
The most expensive home sold in Buncombe had a price of $522,397.
What is currently the cheapest priced home in Buncombe, IL?
The cheapest home for sale in Buncombe is priced at $17,370.
Living in Buncombe, IL
Buncombe, IL, is a quaint rural village nestled in Johnson County, known for its friendly atmosphere and beautiful surroundings. The community prioritizes a tranquil lifestyle, offering access to various outdoor recreational activities. It is conveniently located near essential amenities and larger towns, making it an excellent choice for families seeking a peaceful yet connected living experience.
Current Market Conditions in Buncombe, IL
The real estate market in Buncombe, IL is characterized by affordable housing options, making it an attractive investment opportunity for buyers looking for value. The demand for homes has steadily increased as more people seek out rural living, driving up the interest in properties within the village.
Current trends indicate a shift towards family-oriented homes, with investors focusing on renovations and upgrades to appeal to new buyers. As a result, reviewing market data and recent sales is essential for understanding property appreciation potential in this idyllic location.
Home Value Estimator For Buncombe, IL
There are currently 251 real estate properties
in Buncombe, IL,
with a median automated valuation model (AVM) price
of $113,945.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Buncombe, 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 Buncombe, IL,
is $144,474.00, with the most expensive house
in Buncombe, IL, topping out
at $522,397.00 and the cheapest home
in Buncombe, IL,
clocking in at $17,370.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Buncombe, IL!
Rent Prices
In Buncombe, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Buncombe, IL, is on
a rollercoaster ride. The
average rent price in Buncombe, IL,
is $949.00. Indeed, when looking to rent in
Buncombe, IL, you can expect to pay as little
as $580.00 or as much
as $2,080.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Buncombe, 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
