Burnt Prairie, IL Foreclosures
How much do homes sell for in Burnt Prairie, IL?
The average home price is currently $137,114.
In Burnt Prairie, IL, how many homes are available?
There are currently 15 active home listings available in Burnt Prairie.
What’s the average rental cost in Burnt Prairie, IL?
The average rental price in Burnt Prairie is $879.
What is the most expensive home in Burnt Prairie?
The most expensive home sold in Burnt Prairie had a price of $639,802.
What is currently the cheapest priced home in Burnt Prairie, IL?
The cheapest home for sale in Burnt Prairie is priced at $24,407.
Living in Burnt Prairie, IL
Burnt Prairie, a small village in Illinois, offers a quaint and tight-knit community atmosphere. Surrounded by nature, it boasts a serene lifestyle with outdoor activities such as fishing and hunting. The local amenities cater to the basic needs of residents, making it a comfortable place for families and individuals alike.
Current Market Conditions in Burnt Prairie, IL
In recent months, Burnt Prairie has seen a stable real estate market with prices steadily reflecting the area's rural charm. Homes are generally affordable, appealing especially to those looking for a peaceful escape or retirees seeking a tight-knit community. Compared to major urban centers, property values here are lower, making it an attractive option for first-time home buyers.
The demand for homes in Burnt Prairie has been consistent, with a mix of quaint older homes and newer constructions available. However, the limited supply of houses for sale can lead to competitive offers, especially for well-maintained properties in good locations.
Home Value Estimator For Burnt Prairie, IL
There are currently 78 real estate properties
in Burnt Prairie, IL,
with a median automated valuation model (AVM) price
of $91,311.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Burnt Prairie, 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 Burnt Prairie, IL,
is $137,114.00, with the most expensive house
in Burnt Prairie, IL, topping out
at $639,802.00 and the cheapest home
in Burnt Prairie, IL,
clocking in at $24,407.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Burnt Prairie, IL!
Rent Prices
In Burnt Prairie, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Burnt Prairie, IL, is on
a rollercoaster ride. The
average rent price in Burnt Prairie, IL,
is $879.00. Indeed, when looking to rent in
Burnt Prairie, IL, you can expect to pay as little
as $710.00 or as much
as $1,550.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Burnt Prairie, 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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