Concord, IL Foreclosures
How much do homes sell for in Concord, IL?
The average home price is currently $158,222.
In Concord, IL, how many homes are available?
There are currently 35 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 $1,024,574.
What is currently the cheapest priced home in Concord, IL?
The cheapest home for sale in Concord is priced at $14,959.
Living in Concord, IL
Concord is a peaceful village located in the state of Illinois, offering a friendly atmosphere and a suburban feel. It has a rich community spirit with plenty of green spaces and family-oriented activities. Residents enjoy a quiet lifestyle while having access to essential amenities and beautiful parks nearby.
Current Market Conditions in Concord, IL
The real estate market in Concord, IL, has remained stable, with a steady demand for homes in this desirable area. Prices have shown signs of gradual appreciation, especially for family-sized homes close to schools and parks. The community's charm continues to attract buyers looking for a tranquil lifestyle.
In recent months, there has been an uptick in new listings as homeowners capitalize on the current market conditions. However, inventory levels remain relatively low, making it competitive for buyers. The average days on market have decreased, indicating that homes are selling more quickly than before.
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 $111,392.00. 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 $158,222.00, with the most expensive house
in Concord, IL, topping out
at $1,024,574.00 and the cheapest home
in Concord, IL,
clocking in at $14,959.00. 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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