Compton, IL Foreclosures
How much do homes sell for in Compton, IL?
The average home price is currently $191,533.
In Compton, IL, how many homes are available?
There are currently 90 active home listings available in Compton.
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 $882,314.
What is currently the cheapest priced home in Compton, IL?
The cheapest home for sale in Compton is priced at $10,334.
Living in Compton, IL
Compton, IL is a cozy village that offers a serene rural setting with quick access to urban conveniences. Its friendly atmosphere, combined with good schools and outdoor activities, makes it an ideal place for families. The community spirit is strong, with regular events that bring residents together.
Current Market Conditions in Compton, IL
The real estate market in Compton has remained stable over recent years, offering a good mix of affordable homes and some higher-value properties. There is consistent demand for houses in the area due to its peaceful nature and accessibility to surrounding larger cities, making it an attractive option for both first-time buyers and investors.
In recent months, the number of homes for sale has decreased slightly, raising property values as demand persists. The market is seeing a balance between sellers and buyers, providing opportunities for both sides, although inventory is becoming more limited, suggesting potential future price increases.
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 $137,444.00. 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 $191,533.00, with the most expensive house
in Compton, IL, topping out
at $882,314.00 and the cheapest home
in Compton, IL,
clocking in at $10,334.00. 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.
Learn more on Foreclosure homes
