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Short Sale Listings in Crete, IL 60417

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Crete, IL Foreclosures

How much do homes sell for in Crete, IL?
The average home price is currently $271,886.
In Crete, IL, how many homes are available?
There are currently 75 active home listings available in Crete.
What’s the average rental cost in Crete, IL?
The average rental price in Crete is $1,647.
What is the most expensive home in Crete?
The most expensive home sold in Crete had a price of $6,567,054.
What is currently the cheapest priced home in Crete, IL?
The cheapest home for sale in Crete is priced at $10,515.

Living in Crete, IL

Crete, IL, is a peaceful village with a strong sense of community, offering a suburban lifestyle surrounded by lush greenery. Ideal for families and retirees, it boasts various local amenities, quality educational institutions, and is located just 40 miles south of Chicago, making it a perfect mix of tranquility and accessibility.

Current Market Conditions in Crete, IL

Crete has experienced a steady increase in home prices over the past few years, reflecting a growing demand for housing in the area. This demand has been driven by its appeal as a family-friendly community with excellent schools and a peaceful environment. The real estate market remains relatively stable, with an assortment of homes available to suit various budgets.

The current market trend shows that homes in Crete are selling at a quicker pace compared to previous years, as more buyers are drawn to the area. This increase in activity is partly due to a rise in remote working, which allows individuals to seek affordable housing further from urban centers.

Home Value Estimator For Crete, IL

There are currently 6,450 real estate properties in Crete, IL, with a median automated valuation model (AVM) price of $256,144.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Crete, 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 Crete, IL, is $271,886.00, with the most expensive house in Crete, IL, topping out at $6,567,054.00 and the cheapest home in Crete, IL, clocking in at $10,515.00. In other words, there’s something for every potential homebuyer or savvy investor in Crete, IL!

Rent Prices In Crete, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Crete, IL, is on a rollercoaster ride. The average rent price in Crete, IL, is $1,647.00. Indeed, when looking to rent in Crete, IL, you can expect to pay as little as $910.00 or as much as $3,840.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Crete, 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.

Crete, IL 60417 Short Sale Listings


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