Foreclosure Homes in Crest Hill, IL 60435

Current Market Conditions in Crest Hill, IL

Crest Hill's real estate market has been experiencing low inventory levels, leading to competitive pricing and increased buyer interest. Home prices have steadily risen, reflecting the desirability of the area as a suburban option for those working in Chicago. The market is showing signs of growth with new developments and an influx of home buyers looking for affordable options in proximity to urban centers.

Traditionally, homes in Crest Hill have appreciated in value, making it a promising location for real estate investment. Recent trends indicate that while interest rates have fluctuated, many buyers are still actively seeking homes in the area, which indicates strong demand.

Rent Prices In Crest Hill, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Crest Hill, IL, is on a rollercoaster ride. The average rent price in Crest Hill, IL, is $1,504.00. Indeed, when looking to rent in Crest Hill, IL, you can expect to pay as little as $670.00 or as much as $2,620.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Crest Hill, 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.