Carman, IL Foreclosures
Current Market Conditions in in Carman, IL As of January 2026?
Over the past month, the real estate market in Carman has remained steady, with a slight increase in home listings as more owners choose to sell in response to changing market conditions. Buyer activity has maintained a consistent level, allowing for a fair balance between supply and demand. Generally, homes have been selling at similar prices to the previous month, indicating stability in the local market.
How much do homes sell for in Carman, IL?
The average home price is currently $181,428.
What’s the average rental cost in Carman, IL?
The average rental price in Carman is $1,166.
What is the most expensive home in Carman?
The most expensive home sold in Carman had a price of $2,110,356.
What is currently the cheapest priced home in Carman, IL?
The cheapest home for sale in Carman is priced at $30,396.
Living in Carman, IL
Carman, Illinois, is a charming, rural village known for its tight-knit community and serene landscapes. With a friendly atmosphere and ample outdoor activities, it’s perfect for those seeking tranquility away from city life. The village offers essential amenities and hosts regular community events, fostering a sense of belonging among residents.
Buyer vs Seller Market in Carman, IL
The real estate market in Carman, IL is relatively stable, with a moderate growth trend observed over the past few years. The area is characterized by affordable housing options, making it attractive for first-time buyers and retirees alike. Homes are often priced lower than the state average, providing good value for those seeking a peaceful living environment.
Currently, there is a healthy interest in properties within Carman, particularly those that offer larger lots and more space, which is appealing to families and individuals looking for a rural lifestyle. Interest in real estate has been encouraged by a trend of urban dwellers seeking homes in less populated areas.
Home Value Estimator For Carman, IL
There are currently 179 real estate properties
in Carman, IL,
with a median automated valuation model (AVM) price
of $127,769.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Carman, 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 Carman, IL,
is $181,428.00, with the most expensive house
in Carman, IL, topping out
at $2,110,356.00 and the cheapest home
in Carman, IL,
clocking in at $30,396.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Carman, IL!
Rent Prices
In Carman, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Carman, IL, is on
a rollercoaster ride. The
average rent price in Carman, IL,
is $1,166.00. Indeed, when looking to rent in
Carman, IL, you can expect to pay as little
as $700.00 or as much
as $1,720.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Carman, 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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