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Cheap Homes in Calumet Park, IL

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Calumet Park, IL Foreclosures

How much do homes sell for in Calumet Park, IL?
The average home price is currently $189,931.
In Calumet Park, IL, how many homes are available?
There are currently 7 active home listings available in Calumet Park.
What’s the average rental cost in Calumet Park, IL?
The average rental price in Calumet Park is $1,287.
What is the most expensive home in Calumet Park?
The most expensive home sold in Calumet Park had a price of $3,621,505.
What is currently the cheapest priced home in Calumet Park, IL?
The cheapest home for sale in Calumet Park is priced at $26,388.

Living in Calumet Park, IL

Calumet Park, Illinois, combines suburban comfort with proximity to Chicago's urban offerings. This family-friendly community boasts access to various parks, schools, and amenities, making it an attractive option for homebuyers. With its welcoming neighborhood atmosphere and recreational options, Calumet Park is an ideal place to settle down.

Current Market Conditions in Calumet Park, IL

The real estate market in Calumet Park has shown stability in recent months, with home prices remaining steady. Demand for homes in this area is supported by its proximity to Chicago and the availability of family-friendly amenities. The market is characterized by a healthy mix of single-family homes and townhouses, catering to a diverse population.

Investors are recognizing the potential in Calumet Park, as the area continues to attract families and young professionals looking for affordable housing options. Recent home sales indicate a slight uptick in interest, suggesting a potential upward trend in property values.

Home Value Estimator For Calumet Park, IL

There are currently 2,436 real estate properties in Calumet Park, IL, with a median automated valuation model (AVM) price of $173,948.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Calumet Park, 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 Calumet Park, IL, is $189,931.00, with the most expensive house in Calumet Park, IL, topping out at $3,621,505.00 and the cheapest home in Calumet Park, IL, clocking in at $26,388.00. In other words, there’s something for every potential homebuyer or savvy investor in Calumet Park, IL!

Rent Prices In Calumet Park, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Calumet Park, IL, is on a rollercoaster ride. The average rent price in Calumet Park, IL, is $1,287.00. Indeed, when looking to rent in Calumet Park, IL, you can expect to pay as little as $890.00 or as much as $1,840.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Calumet Park, 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.

Cheap Homes in Calumet Park, IL

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