There are currently 2,951 real estate properties in Crestwood, IL, with a median automated valuation model (AVM) price of $232,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Crestwood, 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 Crestwood, IL, is $219,158.00, with the most expensive house in Crestwood, IL, topping out at $1,061,000.00 and the cheapest home in Crestwood, IL, clocking in at $17,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Crestwood, IL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Crestwood, IL, is on a rollercoaster ride. The average rent price in Crestwood, IL, is $1,609.00. Indeed, when looking to rent in Crestwood, IL, you can expect to pay as little as $800.00 or as much as $2,870.00, with the average rent median estimated to be $1,690.00. The good news is that finding an affordable and desirable property to rent in Crestwood, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Crestwood, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Crestwood, IL and much more. Save thousands at closing with home foreclosure listings in Crestwood, IL — up to 75% off market value!
Crestwood is located in Cook, Illinois, with an estimated municipal population of 10,706 residents. All of the best foreclosed homes for sale in Crestwood are located in the following zip code areas on Foreclosure.com: 60445 60418. The estimated population per square kilometer (.62 miles) in Crestwood is 1,356.
So, about how much do homes cost in Crestwood? The most recent median value of resident-owned homes in Crestwood is 155,462. An estimated 73.6 percent of households in Crestwood own their homes, with an average family size of 2.95. The median household income in Crestwood is 61,132, with19.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Crestwood, the median commute time of resident workers (in minutes) is 29.3. And last, but certainly not least, are you looking for homes to rent in Crestwood? If so, the average rent price paid by renters in Crestwood is 927, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Crestwood, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Crestwood is 47.9, split between 45.3 percent male versus 54.7 female. The percentage of residents who report being married in Crestwood is 38.6, with an average family size of 2.95.
The percentage of residents who report their race in Crestwood is as follows:
|Black / African American||6.6%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0.3%|
Looking for family-friendly neighborhoods in and/or near Crestwood? Or maybe you are searching for 55+ active adult communities in and/or near Crestwood?
The percentage of residents who report their age in Crestwood is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Crestwood with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Crestwood.
How do you know that living in -- or moving to -- Crestwood is right where you need to be? Perhaps you grew up in Crestwood or already live nearby; therefore, the decision to buy a home in Crestwood is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Crestwood for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Crestwood:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Crestwood.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Crestwood can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Crestwood, meanwhile, can field multiple offers from more qualified buyers.