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Foreclosures in Burnham, IL

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Burnham, IL Foreclosures

How much do homes sell for in Burnham, IL?
The average home price is currently $163,271.
In Burnham, IL, how many homes are available?
There are currently 1 active home listings available in Burnham.
What’s the average rental cost in Burnham, IL?
The average rental price in Burnham is $1,215.
What is the most expensive home in Burnham?
The most expensive home sold in Burnham had a price of $1,042,990.
What is currently the cheapest priced home in Burnham, IL?
The cheapest home for sale in Burnham is priced at $29,495.

Living in Burnham, IL

Burnham, IL, is a friendly village located just outside Chicago, offering a suburban lifestyle with a close-knit community. Residents enjoy parks, local amenities, and easy access to public transportation and major roads, making it an ideal location for families and commuters alike. The village balances outdoor activities with cultural experiences, ensuring a fulfilling living environment.

Current Market Conditions in Burnham, IL

The real estate market in Burnham has been relatively stable, with a mix of single-family homes and some multi-family residences. Prices have seen a moderate increase as demand for suburban living continues to grow, particularly among those looking for affordability close to Chicago.

Homes in Burnham often appeal to first-time buyers and families due to the town's affordable housing options and community amenities. The market is characterized by a balance of listings that cater to different budgets, ensuring a diverse range of options for prospective homebuyers.

Home Value Estimator For Burnham, IL

There are currently 954 real estate properties in Burnham, IL, with a median automated valuation model (AVM) price of $169,085.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burnham, 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 Burnham, IL, is $163,271.00, with the most expensive house in Burnham, IL, topping out at $1,042,990.00 and the cheapest home in Burnham, IL, clocking in at $29,495.00. In other words, there’s something for every potential homebuyer or savvy investor in Burnham, IL!

Rent Prices In Burnham, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burnham, IL, is on a rollercoaster ride. The average rent price in Burnham, IL, is $1,215.00. Indeed, when looking to rent in Burnham, IL, you can expect to pay as little as $790.00 or as much as $2,110.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Burnham, 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.

Burnham, IL Foreclosures

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