Concord, IL Foreclosures
How much do homes sell for in Concord, IL?
The average home price is currently $173,729.
In Concord, IL, how many homes are available?
There are currently 11 active home listings available in Concord.
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 $1,112,081.
What is currently the cheapest priced home in Concord, IL?
The cheapest home for sale in Concord is priced at $11,775.
Living in Concord, IL
Concord, Illinois, is a quaint rural community known for its close-knit atmosphere and beautiful countryside. It features a mix of charming homes and plenty of outdoor activities, making it ideal for families and retirees alike. Residents enjoy a peaceful lifestyle while still having access to nearby amenities and larger urban centers.
Current Market Conditions in Concord, IL
The real estate market in Concord, IL, has seen a steady increase in interest as more individuals look to relocate to tranquil suburban areas. With its appealing landscape and community-oriented lifestyle, properties here have experienced a modest price growth, particularly for single-family homes with larger plots of land. Buyers are increasingly attracted to the rural lifestyle combined with the convenience of nearby urban amenities.
In recent months, Concord has shown promising trends toward buyer demand, with inventory levels remaining competitive but manageable. The balance of housing supply and demand has been favorable for both sellers and buyers, with homes often receiving multiple offers, particularly those that are well-maintained and updated.
Concord's real estate market is also welcoming to first-time homebuyers, as a variety of price points and home styles cater to different budgets. Developments in nearby towns are contributing to a buzz in the area, drawing families seeking more property space and outdoor activities.
Home Value Estimator For Concord, IL
There are currently 128 real estate properties
in Concord, IL,
with a median automated valuation model (AVM) price
of $111,157.00. 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 $173,729.00, with the most expensive house
in Concord, IL, topping out
at $1,112,081.00 and the cheapest home
in Concord, IL,
clocking in at $11,775.00. 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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