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Foreclosure Homes in Dewey, IL

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Dewey, IL Foreclosures

Current Market Conditions in in Dewey, IL As of April 2026?
In the past month, Dewey, IL has experienced a slight uptick in housing prices, following a national trend towards increased interest in suburban living. Overall, the market remains competitive, with homes selling faster than average due to favorable interest rates and limited inventory. The local market is still attractive for first-time homebuyers looking for affordable options.
How much do homes sell for in Dewey, IL?
The average home price is currently $369,067.
In Dewey, IL, how many homes are available?
There are currently 24 active home listings available in Dewey.
What’s the average rental cost in Dewey, IL?
The average rental price in Dewey is $1,609.
What is the most expensive home in Dewey?
The most expensive home sold in Dewey had a price of $2,533,316.
What is currently the cheapest priced home in Dewey, IL?
The cheapest home for sale in Dewey is priced at $15,584.

Living in Dewey, IL

Dewey, Illinois is a quaint village known for its peaceful living and tight-knit community. Located conveniently near major highways, it offers easy access to nearby cities while retaining its rural charm. The scenic landscapes and friendly atmosphere make it an appealing place for families and individuals alike.

Buyer vs Seller Market in Dewey, IL

The real estate market in Dewey has shown stability over the past few years, with a consistent demand for both single-family homes and rental properties. The community's charm continues to attract buyers looking for affordability and quality of life outside of the more urban settings.

Current trends indicate a gradual increase in housing prices, reflecting positive developments in the local economy and infrastructure improvements, which are contributing to higher demand in the area.

Home Value Estimator For Dewey, IL

There are currently 222 real estate properties in Dewey, IL, with a median automated valuation model (AVM) price of $316,976.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dewey, 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 Dewey, IL, is $369,067.00, with the most expensive house in Dewey, IL, topping out at $2,533,316.00 and the cheapest home in Dewey, IL, clocking in at $15,584.00. In other words, there’s something for every potential homebuyer or savvy investor in Dewey, IL!

Rent Prices In Dewey, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dewey, IL, is on a rollercoaster ride. The average rent price in Dewey, IL, is $1,609.00. Indeed, when looking to rent in Dewey, IL, you can expect to pay as little as $710.00 or as much as $3,020.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Dewey, 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.

Dewey, IL Foreclosures


Market Trend for Dewey, IL

Total Listings Available: 24

Market Values:

Home Prices from $15,584 to $2,533,316

Average Sales Price: $369,067

Rental Values:

Rental from $710 to $3,020

Average Rent Value: $1,609 / month

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