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Preforeclosure Homes in Crest Hill, IL

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Living in Crest Hill, IL

Crest Hill, IL, is a charming suburb of Chicago known for its strong community spirit and family-friendly environment. With ample parks, good schools, and convenient access to urban amenities, it offers a balanced lifestyle for its residents. The town is committed to creating a welcoming atmosphere that supports both leisure and education.

Current Market Conditions in Crest Hill, IL

The real estate market in Crest Hill is relatively stable, with a consistent demand for single-family homes. The area has seen moderate appreciation in property values, making it a great option for both new homebuyers and investors looking for rental opportunities.

In recent years, Crest Hill has gained popularity due to its affordability compared to other suburbs in the greater Chicago area, which has led to an increase in new construction projects and renovations, positively impacting the local economy.

Home Value Estimator For Crest Hill, IL

There are currently 6,354 real estate properties in Crest Hill, IL, with a median automated valuation model (AVM) price of $260,171.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Crest Hill, 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 Crest Hill, IL, is $277,676.00, with the most expensive house in Crest Hill, IL, topping out at $13,593,124.00 and the cheapest home in Crest Hill, IL, clocking in at $14,839.00. In other words, there’s something for every potential homebuyer or savvy investor in Crest Hill, IL!

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.

Crest Hill, IL Preforeclosure Homes


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