Cleveland, IL Foreclosures
How much do homes sell for in Cleveland, IL?
The average home price is currently $178,417.
In Cleveland, IL, how many homes are available?
There are currently 1 active home listings available in Cleveland.
What’s the average rental cost in Cleveland, IL?
The average rental price in Cleveland is $1,180.
What is the most expensive home in Cleveland?
The most expensive home sold in Cleveland had a price of $483,810.
What is currently the cheapest priced home in Cleveland, IL?
The cheapest home for sale in Cleveland is priced at $45,313.
Living in Cleveland, IL
Cleveland, IL is a charming small town known for its friendly community and beautiful parks. With easy access to larger cities, residents enjoy a blend of rural tranquility and urban convenience. The area boasts rich history and various recreational activities, making it an ideal place for families and individuals alike.
Current Market Conditions in Cleveland, IL
The real estate market in Cleveland, IL has shown stability in recent months, with moderate price appreciation and a healthy turnover of homes. Buyers are attracted to the area's affordability compared to neighboring urban centers, while sellers benefit from a competitive market with multiple offers seen on many properties.
Over the past year, the demand for homes in Cleveland has increased, particularly for family-sized properties and those within walking distance to local amenities. This trend has created a favorable environment for sellers, while buyers may find opportunities by acting quickly.
Home Value Estimator For Cleveland, IL
There are currently 109 real estate properties
in Cleveland, IL,
with a median automated valuation model (AVM) price
of $162,681.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cleveland, 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 Cleveland, IL,
is $178,417.00, with the most expensive house
in Cleveland, IL, topping out
at $483,810.00 and the cheapest home
in Cleveland, IL,
clocking in at $45,313.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cleveland, IL!
Rent Prices
In Cleveland, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cleveland, IL, is on
a rollercoaster ride. The
average rent price in Cleveland, IL,
is $1,180.00. Indeed, when looking to rent in
Cleveland, IL, you can expect to pay as little
as $600.00 or as much
as $2,220.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Cleveland, 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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