Living in Cambria, IL
Cambria, Illinois is a quaint village that combines picturesque rural living with a welcoming community atmosphere. With parks and recreation activities alongside essential amenities, it's a perfect place for families looking for a serene lifestyle yet desiring connectivity to urban conveniences.
Current Market Conditions in Cambria, IL
Currently, the real estate market in Cambria is stable, with home values showing gradual appreciation. Demand for homes is moderate, with a balanced inventory that caters to both buyers and sellers. The affordability of real estate in this area continues to make it an attractive option for new homeowners.
In recent months, there has been increased interest from buyers seeking to invest in properties that offer spacious yards and proximity to outdoor activities. This trend is expected to continue, as more people look for escape from congested city environments.
Home Value Estimator For Cambria, IL
There are currently 454 real estate properties
in Cambria, IL,
with a median automated valuation model (AVM) price
of $107,339.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cambria, 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 Cambria, IL,
is $140,589.00, with the most expensive house
in Cambria, IL, topping out
at $503,437.00 and the cheapest home
in Cambria, IL,
clocking in at $18,207.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cambria, IL!
Rent Prices
In Cambria, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cambria, IL, is on
a rollercoaster ride. The
average rent price in Cambria, IL,
is $1,135.00. Indeed, when looking to rent in
Cambria, IL, you can expect to pay as little
as $600.00 or as much
as $1,970.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Cambria, 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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