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Foreclosure Homes in Dekalb, IL 60115

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Dekalb, IL Foreclosures

How much do homes sell for in Dekalb, IL?
The average home price is currently $309,360.
In Dekalb, IL, how many homes are available?
There are currently 176 active home listings available in Dekalb.
What’s the average rental cost in Dekalb, IL?
The average rental price in Dekalb is $1,367.
What is the most expensive home in Dekalb?
The most expensive home sold in Dekalb had a price of $131,756,112.
What is currently the cheapest priced home in Dekalb, IL?
The cheapest home for sale in Dekalb is priced at $10,014.

Living in Dekalb, IL

DeKalb, IL, offers a unique blend of culture, community, and convenience. With Northern Illinois University at its heart, the area is lively and full of activities. Residents can enjoy a range of amenities, parks, and educational resources, making it an ideal location for families and students.

Current Market Conditions in Dekalb, IL

The real estate market in DeKalb has shown a steady increase in property values due to its appeal as a college town and the ongoing development projects aimed at enhancing local infrastructure. Investors are noticing the potential for rental income from university students and young professionals moving into the area.

Currently, homes in DeKalb are priced competitively, making it an attractive market for both first-time home buyers and real estate investors. With a variety of housing options available, from single-family homes to multi-unit investments, the market is diverse and continues to grow.

Home Value Estimator For Dekalb, IL

There are currently 9,431 real estate properties in Dekalb, IL, with a median automated valuation model (AVM) price of $237,283.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dekalb, 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 Dekalb, IL, is $309,360.00, with the most expensive house in Dekalb, IL, topping out at $131,756,112.00 and the cheapest home in Dekalb, IL, clocking in at $10,014.00. In other words, there’s something for every potential homebuyer or savvy investor in Dekalb, IL!

Rent Prices In Dekalb, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dekalb, IL, is on a rollercoaster ride. The average rent price in Dekalb, IL, is $1,367.00. Indeed, when looking to rent in Dekalb, IL, you can expect to pay as little as $660.00 or as much as $2,700.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Dekalb, 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.

Dekalb, IL 60115 Foreclosures

Market Trend for Dekalb, IL

Total Listings Available: 176

Market Values:

Home Prices from $10,014 to $131,756,112

Average Sales Price: $309,360

Rental Values:

Rental from $660 to $2,700

Average Rent Value: $1,367 / month

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