Columbus, IL Foreclosures
How much do homes sell for in Columbus, IL?
The average home price is currently $90,951.
What’s the average rental cost in Columbus, IL?
The average rental price in Columbus is $952.
What is the most expensive home in Columbus?
The most expensive home sold in Columbus had a price of $226,200.
What is currently the cheapest priced home in Columbus, IL?
The cheapest home for sale in Columbus is priced at $21,376.
Living in Columbus, IL
Columbus, IL, is a charming small town that offers a welcoming atmosphere and a strong sense of community. With its picturesque parks, quality education system, and affordable housing options, it is a perfect place for families and individuals looking to enjoy peaceful living close to nature. Residents benefit from various amenities and activities that enhance the community spirit.
Current Market Conditions in Columbus, IL
Columbus, IL, is currently experiencing a steady growth in the real estate market, with an increasing number of homebuyers drawn to its affordable prices and community ambiance. The demand for homes in the area has been rising, particularly among families and retirees looking for a serene lifestyle. While inventory levels are moderate, the market presents opportunities for both buyers and sellers, with many homes being sold above asking price due to competitive bidding.
In recent months, Columbus has seen an influx of new residents, contributing to a hotter housing market. Local agents report that homes are moving quickly, often within days of being listed. The town's desirable qualities, such as its small-town charm and outdoor recreational opportunities, continue to attract potential homeowners.
Home Value Estimator For Columbus, IL
There are currently 34 real estate properties
in Columbus, IL,
with a median automated valuation model (AVM) price
of $69,315.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Columbus, 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 Columbus, IL,
is $90,951.00, with the most expensive house
in Columbus, IL, topping out
at $226,200.00 and the cheapest home
in Columbus, IL,
clocking in at $21,376.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Columbus, IL!
Rent Prices
In Columbus, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Columbus, IL, is on
a rollercoaster ride. The
average rent price in Columbus, IL,
is $952.00. Indeed, when looking to rent in
Columbus, IL, you can expect to pay as little
as $770.00 or as much
as $1,510.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Columbus, 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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