Foreclosure Homes in Cordova, IL

Current Market Conditions in Cordova, IL

The real estate market in Cordova is currently experiencing a steady incline, with a noticeable increase in property values over the past year. The small community appeal is attracting buyers looking for affordable housing options in a serene setting, making it a competitive market for available homes.

Recently, more homes have entered the market, leading to a balanced situation for buyers and sellers. The interest in real estate here is spurred by the desire for suburban living with nature at one's doorstep. As families seek more space and tranquility post-pandemic, Cordova has become a sought-after destination.

Rent Prices In Cordova, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cordova, IL, is on a rollercoaster ride. The average rent price in Cordova, IL, is $1,539.00. Indeed, when looking to rent in Cordova, IL, you can expect to pay as little as $810.00 or as much as $2,920.00, with the average rent median estimated to be $1,390.00. The good news is that finding an affordable and desirable property to rent in Cordova, 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.