Compton, IL Foreclosures
How much do homes sell for in Compton, IL?
The average home price is currently $192,964.
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 $852,226.
What is currently the cheapest priced home in Compton, IL?
The cheapest home for sale in Compton is priced at $10,376.
Living in Compton, IL
Compton, Illinois is a charming small town that offers a friendly community feel and easy access to nature. It's perfect for families looking for a peaceful environment while being closely knit. Compton provides essential amenities, local schools, and recreational options, making it an inviting place to live.
Current Market Conditions in Compton, IL
The real estate market in Compton is currently stable, with home prices showing modest appreciation over the past year. This has attracted a variety of buyers, including first-time homeowners and investors. The demand for homes in the area remains steady, driven by the community's appealing lifestyle and proximity to larger urban centers.
Recently, there has been an increase in new listings, providing more options for potential buyers. The average days on market has slightly decreased, indicating a competitive yet accessible environment. Overall, Compton remains an appealing choice for homebuyers seeking affordability and community.
Home Value Estimator For Compton, IL
There are currently 207 real estate properties
in Compton, IL,
with a median automated valuation model (AVM) price
of $139,633.00. 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 $192,964.00, with the most expensive house
in Compton, IL, topping out
at $852,226.00 and the cheapest home
in Compton, IL,
clocking in at $10,376.00. 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.
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