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Foreclosure Homes in Chenoa, IL

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Chenoa, IL Foreclosures

How much do homes sell for in Chenoa, IL?
The average home price is currently $189,681.
In Chenoa, IL, how many homes are available?
There are currently 4 active home listings available in Chenoa.
What’s the average rental cost in Chenoa, IL?
The average rental price in Chenoa is $1,226.
What is the most expensive home in Chenoa?
The most expensive home sold in Chenoa had a price of $3,480,097.
What is currently the cheapest priced home in Chenoa, IL?
The cheapest home for sale in Chenoa is priced at $10,325.

Living in Chenoa, IL

Chenoa, IL is a quaint small town with a strong community spirit and friendly atmosphere, perfect for families and individuals looking for a slower pace of life. Nestled in McLean County, it features picturesque neighborhoods, local parks, and easy connectivity to nearby cities. With affordable housing options and a close-knit community, Chenoa is a great place to call home.

Current Market Conditions in Chenoa, IL

The Chenoa real estate market has shown stability over the past few years, with a steady demand for affordable housing options. Homes in this area are reasonably priced compared to nearby urban areas, making Chenoa an attractive option for first-time buyers and families. The market is characterized by single-family homes and a few multi-family units, contributing to a diverse housing stock.

Home Value Estimator For Chenoa, IL

There are currently 1,139 real estate properties in Chenoa, IL, with a median automated valuation model (AVM) price of $151,894.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chenoa, 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 Chenoa, IL, is $189,681.00, with the most expensive house in Chenoa, IL, topping out at $3,480,097.00 and the cheapest home in Chenoa, IL, clocking in at $10,325.00. In other words, there’s something for every potential homebuyer or savvy investor in Chenoa, IL!

Rent Prices In Chenoa, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chenoa, IL, is on a rollercoaster ride. The average rent price in Chenoa, IL, is $1,226.00. Indeed, when looking to rent in Chenoa, IL, you can expect to pay as little as $650.00 or as much as $3,140.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Chenoa, 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.

Chenoa, IL Foreclosures


Market Trend for Chenoa, IL

Total Listings Available: 4

Market Values:

Home Prices from $10,325 to $3,480,097

Average Sales Price: $189,681

Rental Values:

Rental from $650 to $3,140

Average Rent Value: $1,226 / month

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