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Preforeclosure Homes in Dennison, IL 62423

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Dennison, IL Foreclosures

How much do homes sell for in Dennison, IL?
The average home price is currently $208,806.
In Dennison, IL, how many homes are available?
There are currently 2 active home listings available in Dennison.
What’s the average rental cost in Dennison, IL?
The average rental price in Dennison is $1,135.
What is the most expensive home in Dennison?
The most expensive home sold in Dennison had a price of $645,914.
What is currently the cheapest priced home in Dennison, IL?
The cheapest home for sale in Dennison is priced at $16,150.

Living in Dennison, IL

Dennison is a small, peaceful village located in Illinois. Known for its friendly community and laid-back lifestyle, it offers a unique charm that appeals to those looking to escape the hustle and bustle of city life. With access to local parks and basic amenities, Dennison is an ideal spot for families and retirees alike.

Current Market Conditions in Dennison, IL

The real estate market in Dennison has been stable over the past year, showing a modest increase in property values as demand for rural homes continues to grow among buyers seeking affordable options. The limited housing inventory has led to quicker sales, drawing interest from families and individuals looking for tranquility away from urban environments.

With interest rates remaining relatively low, more buyers are considering Dennison as an attractive option for first-time home purchases. The overall market is competitive, with properties being snapped up swiftly, particularly those in good condition or newly renovated.

Home Value Estimator For Dennison, IL

There are currently 256 real estate properties in Dennison, IL, with a median automated valuation model (AVM) price of $183,712.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dennison, 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 Dennison, IL, is $208,806.00, with the most expensive house in Dennison, IL, topping out at $645,914.00 and the cheapest home in Dennison, IL, clocking in at $16,150.00. In other words, there’s something for every potential homebuyer or savvy investor in Dennison, IL!

Rent Prices In Dennison, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dennison, IL, is on a rollercoaster ride. The average rent price in Dennison, IL, is $1,135.00. Indeed, when looking to rent in Dennison, IL, you can expect to pay as little as $610.00 or as much as $2,190.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Dennison, 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.

Dennison, IL 62423 Preforeclosure Homes


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