Cedar Point, IL Foreclosures
How much do homes sell for in Cedar Point, IL?
The average home price is currently $138,226.
In Cedar Point, IL, how many homes are available?
There are currently 229 active home listings available in Cedar Point.
What’s the average rental cost in Cedar Point, IL?
The average rental price in Cedar Point is $1,030.
What is the most expensive home in Cedar Point?
The most expensive home sold in Cedar Point had a price of $759,500.
What is currently the cheapest priced home in Cedar Point, IL?
The cheapest home for sale in Cedar Point is priced at $31,669.
Living in Cedar Point, IL
Cedar Point, IL is a quaint town that embodies small-town charm while offering residents a close-knit community atmosphere. With lush parks and quality schools, it’s ideal for families looking for a peaceful lifestyle. Its accessibility to larger cities makes it a practical choice for commuters.
Current Market Conditions in Cedar Point, IL
Cedar Point's real estate market has shown steady growth over the past year, with a noticeable increase in home values. The demand for housing is strong, particularly among families relocating for a quieter lifestyle. New constructions and renovation projects are becoming more prevalent, indicating a growing interest in the area.
Notably, Cedar Point has maintained an affordable housing market relative to surrounding towns, making it an attractive destination for both first-time homebuyers and investors. With continued development in amenities and public services, the market is expected to flourish.
Home Value Estimator For Cedar Point, IL
There are currently 110 real estate properties
in Cedar Point, IL,
with a median automated valuation model (AVM) price
of $121,415.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cedar Point, 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 Cedar Point, IL,
is $138,226.00, with the most expensive house
in Cedar Point, IL, topping out
at $759,500.00 and the cheapest home
in Cedar Point, IL,
clocking in at $31,669.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cedar Point, IL!
Rent Prices
In Cedar Point, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cedar Point, IL, is on
a rollercoaster ride. The
average rent price in Cedar Point, IL,
is $1,030.00. Indeed, when looking to rent in
Cedar Point, IL, you can expect to pay as little
as $1,030.00 or as much
as $1,030.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Cedar Point, 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.
Learn more on Foreclosure homes
