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Rent To Own 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 $121,847.
In Canton, IL, how many homes are available?
There are currently 13 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 $1,419,492.
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, nestled in the heart of Illinois, offers a small-town charm enriched with history and a strong sense of community. With its friendly neighborhoods and local businesses, residents enjoy a supportive environment. The town is surrounded by beautiful landscapes, featuring parks and recreational opportunities that cater to outdoor enthusiasts and families alike.

Current Market Conditions in Canton, IL

Canton's real estate market has experienced a robust revitalization in recent months. An influx of new residents seeking affordable housing has spurred demand, leading to increased prices in desirable neighborhoods. Single-family homes in Canton have shown stable appreciation, making it an attractive place for both buyers and investors.

A key trend in the Canton market is the rise in demand for smaller, more affordable homes, particularly as remote work becomes more common. These homes provide new opportunities for first-time buyers and retirees looking to downsize. The emergence of mixed-use developments is also enhancing the modern appeal of the town.

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 $101,338.00. 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 $121,847.00, with the most expensive house in Canton, IL, topping out at $1,419,492.00 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 Rent To Own Homes

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