Foreclosure Homes in Cedarville, IL

Current Market Conditions in Cedarville, IL

The Cedarville real estate market has remained stable over the past year, with gradual price increases seen in 2023 as demand for homes in rural areas has surged. Buyers looking for a peaceful lifestyle surrounded by nature and community are key factors driving the market.

New construction has been limited, leading to a shortage of available homes. The market is favorable for sellers with homes often receiving multiple offers, particularly in the spring and summer months.

Rent Prices In Cedarville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cedarville, IL, is on a rollercoaster ride. The average rent price in Cedarville, IL, is $1,182.00. Indeed, when looking to rent in Cedarville, IL, you can expect to pay as little as $790.00 or as much as $2,180.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Cedarville, 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.