De Soto, IL Foreclosures
How much do homes sell for in De Soto, IL?
The average home price is currently $139,086.
What’s the average rental cost in De Soto, IL?
The average rental price in De Soto is $1,004.
What is the most expensive home in De Soto?
The most expensive home sold in De Soto had a price of $2,146,429.
What is currently the cheapest priced home in De Soto, IL?
The cheapest home for sale in De Soto is priced at $15,177.
Living in De Soto, IL
De Soto, IL is a charming small town nestled in the heart of Southern Illinois. With a tight-knit community feel, residents enjoy a friendly atmosphere and access to local amenities. The town is surrounded by natural beauty, with parks and recreational areas promoting an active outdoor lifestyle.
Current Market Conditions in De Soto, IL
The real estate market in De Soto is currently favorable for buyers, with an increase in listings and varying price ranges. The town has seen steady growth in home values, suggesting a resilient market. Sellers are encouraged to price their homes competitively to attract potential buyers. Overall, it presents a good opportunity for investment, particularly for those looking for affordable housing options in a community-oriented environment.
In recent months, the real estate market in De Soto has shown gradual improvement. Increased inventory has led to more choices for potential homeowners, while pricing has remained stable due to the consistent demand in the area. Homes are selling at a steady pace, indicating a balanced market leaning slightly towards buyers.
Home Value Estimator For De Soto, IL
There are currently 984 real estate properties
in De Soto, IL,
with a median automated valuation model (AVM) price
of $109,469.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in De Soto, 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 De Soto, IL,
is $139,086.00, with the most expensive house
in De Soto, IL, topping out
at $2,146,429.00 and the cheapest home
in De Soto, IL,
clocking in at $15,177.00. In other words, there’s
something for every potential homebuyer
or savvy investor in De Soto, IL!
Rent Prices
In De Soto, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in De Soto, IL, is on
a rollercoaster ride. The
average rent price in De Soto, IL,
is $1,004.00. Indeed, when looking to rent in
De Soto, IL, you can expect to pay as little
as $530.00 or as much
as $2,040.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in De Soto, 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.
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