Chester, IL Foreclosures
How much do homes sell for in Chester, IL?
The average home price is currently $137,986.
In Chester, IL, how many homes are available?
There are currently 3 active home listings available in Chester.
What’s the average rental cost in Chester, IL?
The average rental price in Chester is $1,024.
What is the most expensive home in Chester?
The most expensive home sold in Chester had a price of $3,321,227.
What is currently the cheapest priced home in Chester, IL?
The cheapest home for sale in Chester is priced at $10,724.
Living in Chester, IL
Chester, Illinois is a picturesque small town located along the Mississippi River, known for its friendly community and historical significance. Residents enjoy various outdoor activities and local events throughout the year, enhancing the town's lively atmosphere. With nearby amenities, Chester provides a peaceful lifestyle while being conveniently connected to larger urban centers.
Current Market Conditions in Chester, IL
The real estate market in Chester, IL has shown stability over the past year, with a moderate increase in home prices, reflecting a demand for the picturesque homes in the area. Buyers are looking for homes that offer historical charm alongside modern conveniences, indicating a growing interest in the town's unique offerings. The average days on the market for properties have decreased, suggesting that homes are selling more quickly as buyers recognize Chester’s appeal.
As new developments arise, Chester is becoming a more attractive option for both younger families and retirees. The town's affordability compared to nearby urban areas is also a significant factor driving interest. With amenities, schools, and recreational options on the rise, Chester has established itself as an increasingly desirable location.
Home Value Estimator For Chester, IL
There are currently 2,122 real estate properties
in Chester, IL,
with a median automated valuation model (AVM) price
of $116,113.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Chester, 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 Chester, IL,
is $137,986.00, with the most expensive house
in Chester, IL, topping out
at $3,321,227.00 and the cheapest home
in Chester, IL,
clocking in at $10,724.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Chester, IL!
Rent Prices
In Chester, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Chester, IL, is on
a rollercoaster ride. The
average rent price in Chester, IL,
is $1,024.00. Indeed, when looking to rent in
Chester, IL, you can expect to pay as little
as $430.00 or as much
as $2,440.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Chester, 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.
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