Coffeen, IL Foreclosures
Current Market Conditions in in Coffeen, IL As of March 2026?
In the past month, the Coffeen real estate market has seen a slight uptick in interest, with more showings per listing compared to previous months. Although inventory remains low, buyers remain motivated to purchase homes. Encouragingly, properties are continuing to sell at or near their asking prices, reflecting a strong demand even in a small market.
How much do homes sell for in Coffeen, IL?
The average home price is currently $135,043.
In Coffeen, IL, how many homes are available?
There are currently 4 active home listings available in Coffeen.
What’s the average rental cost in Coffeen, IL?
The average rental price in Coffeen is $865.
What is the most expensive home in Coffeen?
The most expensive home sold in Coffeen had a price of $1,794,574.
What is currently the cheapest priced home in Coffeen, IL?
The cheapest home for sale in Coffeen is priced at $9,505.
Living in Coffeen, IL
Coffeen, a small town in Montgomery County, Illinois, offers a peaceful rural lifestyle with a tight-knit community. Residents enjoy local amenities along with access to outdoor activities in the surrounding natural areas. The real estate market is stable, providing affordable housing options.
Buyer vs Seller Market in Coffeen, IL
The real estate market in Coffeen, IL, is characterized by affordable housing options, making it a prime location for first-time homebuyers and those seeking to live in a rural setting. Over the past year, property values have remained stable, making the area a reliable market for investment.
A growing trend in Coffeen is the increasing interest from young families and retirees seeking a tranquil environment. As the commuting networks continue to improve, we see a gradual uptick in home purchases, indicating a healthy growth pattern in the local housing market.
Home Value Estimator For Coffeen, IL
There are currently 599 real estate properties
in Coffeen, IL,
with a median automated valuation model (AVM) price
of $94,780.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Coffeen, 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 Coffeen, IL,
is $135,043.00, with the most expensive house
in Coffeen, IL, topping out
at $1,794,574.00 and the cheapest home
in Coffeen, IL,
clocking in at $9,505.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Coffeen, IL!
Rent Prices
In Coffeen, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Coffeen, IL, is on
a rollercoaster ride. The
average rent price in Coffeen, IL,
is $865.00. Indeed, when looking to rent in
Coffeen, IL, you can expect to pay as little
as $640.00 or as much
as $1,710.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Coffeen, 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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