Deer Grove, IL Foreclosures
How much do homes sell for in Deer Grove, IL?
The average home price is currently $177,581.
In Deer Grove, IL, how many homes are available?
There are currently 126 active home listings available in Deer Grove.
What’s the average rental cost in Deer Grove, IL?
The average rental price in Deer Grove is $1,143.
What is the most expensive home in Deer Grove?
The most expensive home sold in Deer Grove had a price of $499,126.
What is currently the cheapest priced home in Deer Grove, IL?
The cheapest home for sale in Deer Grove is priced at $16,834.
Living in Deer Grove, IL
Deer Grove is a peaceful suburban community in Illinois that offers a blend of tranquility and convenience. Families are drawn to its charming environment, reputable schools, and accessibility to recreational opportunities. The area balances suburban life with urban amenities, making it a desirable location for real estate investment.
Current Market Conditions in Deer Grove, IL
The real estate market in Deer Grove currently shows stability, with a gradual increase in property values driven by demand for homes in the area. Investors can expect a healthy return on investment due to the growing interest in suburban living, especially as families seek more space and a sense of community.
Historically, the Deer Grove market has demonstrated resilience, with low inventory levels sparking competitiveness among buyers. The trend indicates that as more individuals transition from urban environments to suburban locales, the demand for properties in Deer Grove is likely to remain strong.
Home Value Estimator For Deer Grove, IL
There are currently 61 real estate properties
in Deer Grove, IL,
with a median automated valuation model (AVM) price
of $139,618.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Deer Grove, 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 Deer Grove, IL,
is $177,581.00, with the most expensive house
in Deer Grove, IL, topping out
at $499,126.00 and the cheapest home
in Deer Grove, IL,
clocking in at $16,834.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Deer Grove, IL!
Rent Prices
In Deer Grove, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Deer Grove, IL, is on
a rollercoaster ride. The
average rent price in Deer Grove, IL,
is $1,143.00. Indeed, when looking to rent in
Deer Grove, IL, you can expect to pay as little
as $580.00 or as much
as $1,960.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Deer Grove, 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.
Learn more on Foreclosure homes
