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Preforeclosure Homes in Carmi, IL 62821

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Carmi, IL Foreclosures

How much do homes sell for in Carmi, IL?
The average home price is currently $130,042.
In Carmi, IL, how many homes are available?
There are currently 1 active home listings available in Carmi.
What’s the average rental cost in Carmi, IL?
The average rental price in Carmi is $1,019.
What is the most expensive home in Carmi?
The most expensive home sold in Carmi had a price of $2,513,348.
What is currently the cheapest priced home in Carmi, IL?
The cheapest home for sale in Carmi is priced at $16,391.

Living in Carmi, IL

Carmi, IL, is a lovely small town known for its strong community spirit and welcoming atmosphere. With picturesque parks and local amenities, it provides a peaceful lifestyle while being close enough to larger regional centers for additional opportunities.

Current Market Conditions in Carmi, IL

The current real estate market in Carmi is relatively stable, with a moderate demand for homes across various price ranges. Buyers will find many options from quaint starter homes to larger family residences, catering to diverse needs and budgets.

Trends indicate a consistent interest in Carmi real estate due to its affordable prices and quality of life. Investors are particularly drawn to the potential for rental properties given the area's growing population and community-focused lifestyle.

Home Value Estimator For Carmi, IL

There are currently 3,068 real estate properties in Carmi, IL, with a median automated valuation model (AVM) price of $94,966.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Carmi, 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 Carmi, IL, is $130,042.00, with the most expensive house in Carmi, IL, topping out at $2,513,348.00 and the cheapest home in Carmi, IL, clocking in at $16,391.00. In other words, there’s something for every potential homebuyer or savvy investor in Carmi, IL!

Rent Prices In Carmi, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Carmi, IL, is on a rollercoaster ride. The average rent price in Carmi, IL, is $1,019.00. Indeed, when looking to rent in Carmi, IL, you can expect to pay as little as $570.00 or as much as $1,960.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Carmi, 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.

Carmi, IL 62821 Preforeclosure Homes


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