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As-is Deals in Buncombe, IL

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Buncombe, IL Foreclosures

How much do homes sell for in Buncombe, IL?
The average home price is currently $185,429.
In Buncombe, IL, how many homes are available?
There are currently 2 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 $1,721,526.
What is currently the cheapest priced home in Buncombe, IL?
The cheapest home for sale in Buncombe is priced at $13,724.

Living in Buncombe, IL

Buncombe is a quaint village in southern Illinois known for its close-knit community and scenic landscapes. Residents enjoy a serene rural lifestyle, surrounded by the beauty of nature and the charm of small-town America. The area offers a blend of outdoor activities, local amenities, and a peaceful environment for families and retirees alike.

Current Market Conditions in Buncombe, IL

The real estate market in Buncombe remains relatively stable, characterized by a variety of home styles and price points. Current trends indicate a slow but steady increase in property values as more individuals seek the tranquility of rural living amidst the hustle and bustle of urban areas.

Recent years have seen an influx of buyers looking for larger properties with more space, especially post-pandemic, as remote working continues to shape housing preferences. Homes in Buncombe typically attract families and retirees looking for peace and community connection.

Home Value Estimator For Buncombe, IL

There are currently 425 real estate properties in Buncombe, IL, with a median automated valuation model (AVM) price of $150,877.00. 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 $185,429.00, with the most expensive house in Buncombe, IL, topping out at $1,721,526.00 and the cheapest home in Buncombe, IL, clocking in at $13,724.00. 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.

Buncombe, IL As-is Deals


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