Concord, IL Foreclosures
How much do homes sell for in Concord, IL?
The average home price is currently $157,698.
What’s the average rental cost in Concord, IL?
The average rental price in Concord is $1,117.
What is the most expensive home in Concord?
The most expensive home sold in Concord had a price of $1,031,333.
What is currently the cheapest priced home in Concord, IL?
The cheapest home for sale in Concord is priced at $15,035.
Living in Concord, IL
Concord, IL, is a charming village that offers a peaceful suburban lifestyle with easy access to urban amenities. Known for its friendly community spirit, it features ample parks and recreational facilities. Educational opportunities abound with quality schools nearby, making it an ideal location for families.
Current Market Conditions in Concord, IL
The real estate market in Concord has shown consistent growth over the last few years, with an increasing demand for homes as more families seek the benefits of small-town living while remaining close to urban amenities. The area has seen a rise in property values, indicating a robust market that attracts buyers looking for both single-family homes and rural properties.
Current trends suggest that homes in Concord are selling quickly, often above listing price, due to limited inventory. There is a noticeable interest from both young families and retirees, creating a diverse community. With the area's charm and community-focused lifestyle, buyers continue to view Concord as a desirable location.
Home Value Estimator For Concord, IL
There are currently 117 real estate properties
in Concord, IL,
with a median automated valuation model (AVM) price
of $109,647.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Concord, 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 Concord, IL,
is $157,698.00, with the most expensive house
in Concord, IL, topping out
at $1,031,333.00 and the cheapest home
in Concord, IL,
clocking in at $15,035.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Concord, IL!
Rent Prices
In Concord, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Concord, IL, is on
a rollercoaster ride. The
average rent price in Concord, IL,
is $1,117.00. Indeed, when looking to rent in
Concord, IL, you can expect to pay as little
as $840.00 or as much
as $1,810.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Concord, 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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