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Foreclosure Homes in Danvers, IL 61732

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Danvers, IL Foreclosures

How much do homes sell for in Danvers, IL?
The average home price is currently $274,884.
In Danvers, IL, how many homes are available?
There are currently 4 active home listings available in Danvers.
What’s the average rental cost in Danvers, IL?
The average rental price in Danvers is $1,539.
What is the most expensive home in Danvers?
The most expensive home sold in Danvers had a price of $1,712,786.
What is currently the cheapest priced home in Danvers, IL?
The cheapest home for sale in Danvers is priced at $24,348.

Living in Danvers, IL

Danvers, Illinois, is a picturesque village that embodies the essence of small-town living. With its friendly community and local amenities, it provides a perfect environment for families and those looking to escape the hustle and bustle of city life. Outdoor enthusiasts will appreciate the nearby parks and recreational areas available for leisure activities.

Current Market Conditions in Danvers, IL

The real estate market in Danvers has shown steady growth over the past year, marked by a steady increase in home sales prices and a slight dip in inventory as demand continues to rise. With its affordable pricing compared to neighboring areas, Danvers remains an attractive choice for first-time homebuyers and investors looking for rental opportunities.

Home Value Estimator For Danvers, IL

There are currently 872 real estate properties in Danvers, IL, with a median automated valuation model (AVM) price of $225,696.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Danvers, 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 Danvers, IL, is $274,884.00, with the most expensive house in Danvers, IL, topping out at $1,712,786.00 and the cheapest home in Danvers, IL, clocking in at $24,348.00. In other words, there’s something for every potential homebuyer or savvy investor in Danvers, IL!

Rent Prices In Danvers, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Danvers, IL, is on a rollercoaster ride. The average rent price in Danvers, IL, is $1,539.00. Indeed, when looking to rent in Danvers, IL, you can expect to pay as little as $890.00 or as much as $2,820.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Danvers, 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.

Danvers, IL 61732 Foreclosures

Market Trend for Danvers, IL

Total Listings Available: 4

Market Values:

Home Prices from $24,348 to $1,712,786

Average Sales Price: $274,884

Rental Values:

Rental from $890 to $2,820

Average Rent Value: $1,539 / month

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