Collison, IL Foreclosures
How much do homes sell for in Collison, IL?
The average home price is currently $119,327.
In Collison, IL, how many homes are available?
There are currently 1 active home listings available in Collison.
What’s the average rental cost in Collison, IL?
The average rental price in Collison is $946.
What is the most expensive home in Collison?
The most expensive home sold in Collison had a price of $328,152.
What is currently the cheapest priced home in Collison, IL?
The cheapest home for sale in Collison is priced at $40,152.
Living in Collison, IL
Collison, IL is a tranquil town that offers a friendly community atmosphere, surrounded by scenic farmland and natural beauty. It features a small-town charm that appeals to families and individuals seeking peace and a close-knit environment. Residents enjoy local events, recreational areas, and the convenience of nearby larger cities for work and entertainment.
Current Market Conditions in Collison, IL
The real estate market in Collison has shown steady growth, with properties appreciating in value as more individuals seek out the quiet, rural lifestyle. The demand for homes reflecting the area's charm has increased, especially as remote work continues to change residential preferences. Buyers are finding value in homes priced under the regional average, which keeps the community accessible for first-time buyers and families alike.
Developments surrounding Collison have added to its attraction, as new amenities and commercial establishments make it increasingly appealing. The blend of rural charm with suburban convenience has led to a diverse range of properties, from quaint cottages to larger family homes.
Home Value Estimator For Collison, IL
There are currently 49 real estate properties
in Collison, IL,
with a median automated valuation model (AVM) price
of $89,568.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Collison, 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 Collison, IL,
is $119,327.00, with the most expensive house
in Collison, IL, topping out
at $328,152.00 and the cheapest home
in Collison, IL,
clocking in at $40,152.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Collison, IL!
Rent Prices
In Collison, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Collison, IL, is on
a rollercoaster ride. The
average rent price in Collison, IL,
is $946.00. Indeed, when looking to rent in
Collison, IL, you can expect to pay as little
as $630.00 or as much
as $1,590.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Collison, 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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