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Foreclosure Homes in Donovan, IL

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Donovan, IL Foreclosures

How much do homes sell for in Donovan, IL?
The average home price is currently $151,784.
In Donovan, IL, how many homes are available?
There are currently 51 active home listings available in Donovan.
What’s the average rental cost in Donovan, IL?
The average rental price in Donovan is $1,026.
What is the most expensive home in Donovan?
The most expensive home sold in Donovan had a price of $811,328.
What is currently the cheapest priced home in Donovan, IL?
The cheapest home for sale in Donovan is priced at $10,959.

Living in Donovan, IL

Donovan, IL is a charming small town that offers a peaceful living environment with a strong sense of community. It features local amenities, good schools, and plentiful outdoor activities, making it an attractive place for families and individuals alike. Its rural setting provides a serene lifestyle while still being within reach of larger cities.

Current Market Conditions in Donovan, IL

The real estate market in Donovan is currently stable, with a steady demand for homes as individuals and families seek affordability and quality living conditions. With a mix of older and newer homes, there are diverse options available for buyers and investors.

Recent trends have shown a gradual increase in home prices reflecting the area's desirability, particularly among those looking to escape urban environments for a quieter lifestyle. This indicates potential for growth in property values in the coming years.

Home Value Estimator For Donovan, IL

There are currently 235 real estate properties in Donovan, IL, with a median automated valuation model (AVM) price of $124,963.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Donovan, 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 Donovan, IL, is $151,784.00, with the most expensive house in Donovan, IL, topping out at $811,328.00 and the cheapest home in Donovan, IL, clocking in at $10,959.00. In other words, there’s something for every potential homebuyer or savvy investor in Donovan, IL!

Rent Prices In Donovan, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Donovan, IL, is on a rollercoaster ride. The average rent price in Donovan, IL, is $1,026.00. Indeed, when looking to rent in Donovan, IL, you can expect to pay as little as $800.00 or as much as $1,940.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Donovan, 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.

Donovan, IL Foreclosures

Market Trend for Donovan, IL

Total Listings Available: 51

Market Values:

Home Prices from $10,959 to $811,328

Average Sales Price: $151,784

Rental Values:

Rental from $800 to $1,940

Average Rent Value: $1,026 / month

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