Chestnut, IL Foreclosures
Current Market Conditions in in Chestnut, IL As of January 2026?
Over the past month, the real estate market in Chestnut has experienced a slight uptick in demand, with several homes attracting multiple offers. This has resulted in an increase in average sale prices by about 3%. Buyers are enthusiastic, capitalizing on the attractive lifestyle and growing amenities within the town.
How much do homes sell for in Chestnut, IL?
The average home price is currently $159,083.
In Chestnut, IL, how many homes are available?
There are currently 36 active home listings available in Chestnut.
What’s the average rental cost in Chestnut, IL?
The average rental price in Chestnut is $1,098.
What is the most expensive home in Chestnut?
The most expensive home sold in Chestnut had a price of $869,970.
What is currently the cheapest priced home in Chestnut, IL?
The cheapest home for sale in Chestnut is priced at $13,482.
Living in Chestnut, IL
Chestnut, IL, is a charming small town known for its community-oriented lifestyle and natural beauty. With its scenic landscapes and friendly residents, it offers a peaceful retreat from city life. The town provides a variety of outdoor activities and a strong sense of community.
Buyer vs Seller Market in Chestnut, IL
The Chestnut real estate market is currently stable, with a mix of traditional and affordable housing options available for both buyers and renters. Prices have seen modest increases, reflecting the desirability of the area among those seeking a quieter lifestyle.
As properties continue to attract interest, particularly from families and retirees, the market shows signs of healthy demand, leading to balanced inventory levels and continued investment in the local area.
Home Value Estimator For Chestnut, IL
There are currently 195 real estate properties
in Chestnut, IL,
with a median automated valuation model (AVM) price
of $122,098.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Chestnut, 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 Chestnut, IL,
is $159,083.00, with the most expensive house
in Chestnut, IL, topping out
at $869,970.00 and the cheapest home
in Chestnut, IL,
clocking in at $13,482.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Chestnut, IL!
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.
Learn more on Foreclosure homes
