Cleveland, IL Foreclosures
Current Market Conditions in in Cleveland, IL As of April 2026?
In the past month, Cleveland has experienced a slight rise in home sale prices, attributed to the arrival of the seasonal buying cycle. Marketing has become increasingly important, with homes that are staged and marketed effectively selling faster. Inventory remains low, creating an ongoing challenge for buyers, who may see properties receive multiple offers quickly.
How much do homes sell for in Cleveland, IL?
The average home price is currently $180,286.
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 $503,073.
What is currently the cheapest priced home in Cleveland, IL?
The cheapest home for sale in Cleveland is priced at $36,109.
Living in Cleveland, IL
Cleveland, IL, is a charming village that offers a tranquil lifestyle surrounded by nature. It features good schools, community parks, and convenient access to larger cities for work and entertainment. Residents benefit from a close-knit community with family-friendly amenities.
Buyer vs Seller Market in Cleveland, IL
The real estate market in Cleveland, IL, has demonstrated steady growth over the past year, with a notable increase in home values due to high demand and limited inventory. Buyers are particularly attracted to the area’s family-friendly environment and strong community ties.
Homes in Cleveland have seen a moderate appreciation in price, especially as more individuals and families are looking to escape urban densities for a more wholesome lifestyle. The market remains competitive, with homes often receiving multiple offers.
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 $168,171.00. 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 $180,286.00, with the most expensive house
in Cleveland, IL, topping out
at $503,073.00 and the cheapest home
in Cleveland, IL,
clocking in at $36,109.00. 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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