Living in Campus, IL
Campus, IL is a thriving community known for its friendly atmosphere and convenient amenities. With plenty of parks and recreational options, it caters to both families and individuals. The area offers a mix of housing options, making it an appealing choice for new residents.
Current Market Conditions in Campus, IL
The real estate market in Campus, IL, has been on an upward trend over the past few months, characterized by increasing demand and a limited supply of homes. This has resulted in competitive bidding situations for available properties and an overall increase in home prices. Buyers are encouraged to act quickly, as homes are not staying on the market long due to the attractive location and community features.
In recent months, the market has shown signs of stabilization with a slight increase in the number of available listings. This may provide potential buyers with more options, even as prices continue to reflect the desirability of the area. As more families and professionals look to Campus for their living needs, the market dynamic remains in favor of sellers.
Home Value Estimator For Campus, IL
There are currently 73 real estate properties
in Campus, IL,
with a median automated valuation model (AVM) price
of $118,877.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Campus, 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 Campus, IL,
is $132,079.00, with the most expensive house
in Campus, IL, topping out
at $766,809.00 and the cheapest home
in Campus, IL,
clocking in at $14,741.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Campus, IL!
Rent Prices
In Campus, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Campus, IL, is on
a rollercoaster ride. The
average rent price in Campus, IL,
is $1,153.00. Indeed, when looking to rent in
Campus, IL, you can expect to pay as little
as $780.00 or as much
as $1,570.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Campus, 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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