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Foreclosure Homes in Canton, IL 61520

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Canton, IL Foreclosures

How much do homes sell for in Canton, IL?
The average home price is currently $120,930.
In Canton, IL, how many homes are available?
There are currently 24 active home listings available in Canton.
What’s the average rental cost in Canton, IL?
The average rental price in Canton is $1,038.
What is the most expensive home in Canton?
The most expensive home sold in Canton had a price of $1,409,270.
What is currently the cheapest priced home in Canton, IL?
The cheapest home for sale in Canton is priced at $10,028.

Living in Canton, IL

Canton, IL is a welcoming community that blends small-town charm with modern convenience. With a rich history, strong schools, and a variety of outdoor activities, it serves as an excellent place for families and individuals looking for a peaceful lifestyle. The city offers diverse amenities and a vibrant community spirit.

Current Market Conditions in Canton, IL

The real estate market in Canton, IL, has shown stability over the past few years, attracting both first-time homebuyers and investors. With a balanced supply of homes available, buyers find a range of choices from charming historic houses to modern constructions. Prices remain affordable relative to surrounding areas, making it an attractive market for those looking to invest in a home.

Home prices have shown modest growth over the past year, indicating a steady demand in the market. The average time on the market has decreased slightly, suggesting that buyers are keen on the properties available.

In recent months, Canton has seen an increase in buyer interest, especially among families and retirees seeking a quieter lifestyle away from urban congestion. This uptick in interest has contributed to a competitive market, although prices remain reasonable compared to larger metropolitan areas.

Home Value Estimator For Canton, IL

There are currently 5,612 real estate properties in Canton, IL, with a median automated valuation model (AVM) price of $99,427.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Canton, 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 Canton, IL, is $120,930.00, with the most expensive house in Canton, IL, topping out at $1,409,270.00 and the cheapest home in Canton, IL, clocking in at $10,028.00. In other words, there’s something for every potential homebuyer or savvy investor in Canton, IL!

Rent Prices In Canton, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Canton, IL, is on a rollercoaster ride. The average rent price in Canton, IL, is $1,038.00. Indeed, when looking to rent in Canton, IL, you can expect to pay as little as $530.00 or as much as $3,100.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Canton, 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.

Canton, IL 61520 Foreclosures


Market Trend for Canton, IL

Total Listings Available: 24

Market Values:

Home Prices from $10,028 to $1,409,270

Average Sales Price: $120,930

Rental Values:

Rental from $530 to $3,100

Average Rent Value: $1,038 / month

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