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Condo Foreclosures in Compton, IL 61318

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Compton, IL Foreclosures

Current Market Conditions in in Compton, IL As of March 2026?
Over the past month, Compton has experienced a notable increase in home sales as potential buyers show increased interest in the area. There's been a 10% decrease in average days on the market, indicating that homes are selling faster amid growing demand. Inventory remains fairly low, yet new developments are beginning to break ground, suggesting positive growth for the upcoming months.
How much do homes sell for in Compton, IL?
The average home price is currently $253,066.
What’s the average rental cost in Compton, IL?
The average rental price in Compton is $1,330.
What is the most expensive home in Compton?
The most expensive home sold in Compton had a price of $2,473,475.
What is currently the cheapest priced home in Compton, IL?
The cheapest home for sale in Compton is priced at $10,156.

Living in Compton, IL

Compton, IL is a charming small town that offers a tight-knit community feeling with access to essential amenities and outdoor activities. The area is characterized by its friendly residents, good schools, and beautiful parks, making it a desirable location for families seeking a tranquil lifestyle with proximity to urban conveniences.

Buyer vs Seller Market in Compton, IL

The real estate market in Compton is currently seeing a steady increase in demand, with homes being purchased quickly due to the appealing lifestyle and affordability. The median home price has shown a slight uptick over the past several months, reflecting the overall interest in this suburban area as an attractive place to live.

With the surge in remote work, more individuals and families are moving towards suburban areas like Compton, which is resulting in more listings with competitive pricing. The market leans towards being a seller's market as inventory remains low, but new construction is on the rise to meet the demand.

Home Value Estimator For Compton, IL

There are currently 309 real estate properties in Compton, IL, with a median automated valuation model (AVM) price of $172,319.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Compton, 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 Compton, IL, is $253,066.00, with the most expensive house in Compton, IL, topping out at $2,473,475.00 and the cheapest home in Compton, IL, clocking in at $10,156.00. In other words, there’s something for every potential homebuyer or savvy investor in Compton, IL!

Rent Prices In Compton, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Compton, IL, is on a rollercoaster ride. The average rent price in Compton, IL, is $1,330.00. Indeed, when looking to rent in Compton, IL, you can expect to pay as little as $740.00 or as much as $2,380.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Compton, 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.

Compton, IL 61318 Condos

Market Trend for Compton, IL

Total Listings Available: 0

Market Values:

Home Prices from $10,156 to $2,473,475

Average Sales Price: $253,066

Rental Values:

Rental from $740 to $2,380

Average Rent Value: $1,330 / month

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