Coffeen, IL Foreclosures
How much do homes sell for in Coffeen, IL?
The average home price is currently $100,316.
What’s the average rental cost in Coffeen, IL?
The average rental price in Coffeen is $864.
What is the most expensive home in Coffeen?
The most expensive home sold in Coffeen had a price of $1,833,400.
What is currently the cheapest priced home in Coffeen, IL?
The cheapest home for sale in Coffeen is priced at $8,781.
Living in Coffeen, IL
Coffeen, IL is a charming small town nestled in Montgomery County, offering a peaceful and friendly atmosphere. With its lush landscapes and supportive community, it's a perfect residence for families and retirees looking for a slower pace of life. Local amenities and schools enhance the living experience in this idyllic haven.
Current Market Conditions in Coffeen, IL
The real estate market in Coffeen, IL is currently stable, showing slow but steady growth. Homes in the area appeal to first-time buyers and retirees, leading to a consistent demand for properties. With prices remaining relatively affordable compared to larger metropolitan areas, Coffeen represents an attractive opportunity for investment.
Due to its rural nature and community charm, Coffeen continues to attract individuals seeking respite from urban life, contributing to a gradual influx in housing demand. This trend is reflected in increasing median home prices, although they remain competitive.
Home Value Estimator For Coffeen, IL
There are currently 450 real estate properties
in Coffeen, IL,
with a median automated valuation model (AVM) price
of $75,441.00. 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 $100,316.00, with the most expensive house
in Coffeen, IL, topping out
at $1,833,400.00 and the cheapest home
in Coffeen, IL,
clocking in at $8,781.00. 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 $864.00. 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.
Learn more on Foreclosure homes
