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Foreclosure Homes in Donovan, IL 60931

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Donovan, IL Foreclosures

How much do homes sell for in Donovan, IL?
The average home price is currently $158,061.
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 $843,989.
What is currently the cheapest priced home in Donovan, IL?
The cheapest home for sale in Donovan is priced at $11,400.

Living in Donovan, IL

Donovan, IL is a small town known for its friendly atmosphere and strong community ties. Residents enjoy a peaceful life with opportunities for outdoor activities, nearby quality schools, and easy access to major highways. It’s an ideal place for families seeking tranquility away from urban noise.

Current Market Conditions in Donovan, IL

The Donovan real estate market has shown stability over the past year, with home prices remaining relatively consistent. This has made it an appealing destination for first-time homebuyers and those looking to escape larger urban areas.

Investors are slowly taking notice of Donovan as a potential growth market, given its affordability and community-oriented lifestyle. The demand for homes in the area reflects an increase in buyer interest due to remote work and lifestyle changes.

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 $130,058.00. 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 $158,061.00, with the most expensive house in Donovan, IL, topping out at $843,989.00 and the cheapest home in Donovan, IL, clocking in at $11,400.00. 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 60931 Foreclosures

Market Trend for Donovan, IL

Total Listings Available: 0

Market Values:

Home Prices from $11,400 to $843,989

Average Sales Price: $158,061

Rental Values:

Rental from $800 to $1,940

Average Rent Value: $1,026 / month

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