Foreclosure Homes in Chestnut, IL 62518

Current Market Conditions in Chestnut, IL

The real estate market in Chestnut has remained stable, with steady demand for homes as individuals and families continue to seek out affordable living options away from the hustle and bustle of larger metropolitan areas.

Historically, the community has seen a modest appreciation in home values, which reflects a growing interest in the area for those seeking a quieter lifestyle while still desiring access to the conveniences of city life.

Rent Prices In Chestnut, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chestnut, IL, is on a rollercoaster ride. The average rent price in Chestnut, IL, is $1,098.00. Indeed, when looking to rent in Chestnut, IL, you can expect to pay as little as $580.00 or as much as $1,910.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Chestnut, 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.