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Foreclosure Homes in Chapin, IL 62628

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Chapin, IL Foreclosures

Current Market Conditions in in Chapin, IL As of February 2026?
Over the past month, the real estate market in Chapin has experienced a noticeable uptick in activity, with several homes going under contract faster than the usual timeline. The demand for properties has increased as more individuals look to escape city life for a quieter, rural setting.
How much do homes sell for in Chapin, IL?
The average home price is currently $171,815.
In Chapin, IL, how many homes are available?
There are currently 2 active home listings available in Chapin.
What’s the average rental cost in Chapin, IL?
The average rental price in Chapin is $1,031.
What is the most expensive home in Chapin?
The most expensive home sold in Chapin had a price of $2,294,504.
What is currently the cheapest priced home in Chapin, IL?
The cheapest home for sale in Chapin is priced at $11,828.

Living in Chapin, IL

Chapin, Illinois, is a small village known for its peaceful lifestyle and strong community spirit. Surrounded by natural beauty, it provides excellent recreational opportunities. With convenient access to schools and amenities, Chapin is a great place for families and outdoor lovers alike.

Buyer vs Seller Market in Chapin, IL

The real estate market in Chapin is currently showing signs of growth, with an increase in home buyers attracted to the village's charm and affordability. This rural area offers attractive prices compared to urban locations, making it a desirable choice for new homeowners and investors alike.

With limited housing inventory, properties in Chapin are receiving attention, and many listings are selling quickly. The market is witnessing a steady appreciation in prices due to the demand from buyers seeking a peaceful and family-friendly environment.

Home Value Estimator For Chapin, IL

There are currently 375 real estate properties in Chapin, IL, with a median automated valuation model (AVM) price of $103,175.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chapin, 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 Chapin, IL, is $171,815.00, with the most expensive house in Chapin, IL, topping out at $2,294,504.00 and the cheapest home in Chapin, IL, clocking in at $11,828.00. In other words, there’s something for every potential homebuyer or savvy investor in Chapin, IL!

Rent Prices In Chapin, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chapin, IL, is on a rollercoaster ride. The average rent price in Chapin, IL, is $1,031.00. Indeed, when looking to rent in Chapin, IL, you can expect to pay as little as $620.00 or as much as $1,640.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Chapin, 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.

Chapin, IL 62628 Foreclosures

Market Trend for Chapin, IL

Total Listings Available: 2

Market Values:

Home Prices from $11,828 to $2,294,504

Average Sales Price: $171,815

Rental Values:

Rental from $620 to $1,640

Average Rent Value: $1,031 / month

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