Burnt Prairie, IL Foreclosures
How much do homes sell for in Burnt Prairie, IL?
The average home price is currently $137,909.
In Burnt Prairie, IL, how many homes are available?
There are currently 14 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 $633,640.
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 is a quaint rural community located in White County, Illinois. Known for its peaceful surroundings and close-knit neighborhood feel, it offers a serene lifestyle away from the hustle and bustle of city life. Residents enjoy access to outdoor activities and a strong sense of community.
Current Market Conditions in Burnt Prairie, IL
The real estate market in Burnt Prairie remains stable, with home prices generally affordable compared to larger urban areas. The community is attracting buyers looking for peaceful country living, contributing to a slight uptick in demand for homes in the area.
Emerging trends indicate an interest in rural living, with individuals and families seeking properties that offer larger lots and open space, which Burnt Prairie conveniently provides. This has led to a gradual increase in the number of listings available.
While the market is stable, economic factors may influence buyer activity, especially with an influx of remote workers seeking homes outside the city limits.
Home Value Estimator For Burnt Prairie, IL
There are currently 79 real estate properties
in Burnt Prairie, IL,
with a median automated valuation model (AVM) price
of $84,310.00. 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 $137,909.00, with the most expensive house
in Burnt Prairie, IL, topping out
at $633,640.00 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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