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Preforeclosure 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 $183,797.
In Donovan, IL, how many homes are available?
There are currently 37 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 $3,879,487.
What is currently the cheapest priced home in Donovan, IL?
The cheapest home for sale in Donovan is priced at $11,405.

Living in Donovan, IL

Donovan, IL is a serene village nestled in Iroquois County, offering a blend of rural charm and community spirit. With a low-key lifestyle and accessible local amenities, it’s an inviting place for families and individuals seeking a peaceful environment. The village is surrounded by natural beauty, ideal for outdoor activities and community gatherings.

Current Market Conditions in Donovan, IL

The current real estate market in Donovan is characterized by stable pricing and a steady demand for single-family homes. The affordability of properties makes it appealing to first-time buyers and investors looking for rental opportunities. Overall, the market remains favorable for sellers, with homes typically selling within a few months if priced correctly.

As the area sees gradual development with more amenities being added, there is a growing interest among buyers seeking a peaceful yet connected community. This trend is expected to boost property values over time.

Home Value Estimator For Donovan, IL

There are currently 258 real estate properties in Donovan, IL, with a median automated valuation model (AVM) price of $136,552.00. 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 $183,797.00, with the most expensive house in Donovan, IL, topping out at $3,879,487.00 and the cheapest home in Donovan, IL, clocking in at $11,405.00. 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 Preforeclosure Homes


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