Dow, IL Foreclosures
How much do homes sell for in Dow, IL?
The average home price is currently $216,262.
In Dow, IL, how many homes are available?
There are currently 26 active home listings available in Dow.
What’s the average rental cost in Dow, IL?
The average rental price in Dow is $1,117.
What is the most expensive home in Dow?
The most expensive home sold in Dow had a price of $1,062,695.
What is currently the cheapest priced home in Dow, IL?
The cheapest home for sale in Dow is priced at $11,323.
Living in Dow, IL
DOW, IL is a quaint village in Madison County, characterized by its peaceful rural atmosphere and community-focused lifestyle. The area offers a blend of outdoor activities, quality education options, and local amenities that make it appealing for families and retirees alike. Its strategic location allows for convenient access to nearby larger towns while maintaining a close-knit, small-town feel.
Current Market Conditions in Dow, IL
The real estate market in DOW, IL, remains stable, characterized by a consistent demand for properties driven by buyers seeking a peaceful lifestyle. The overall trend shows a steady appreciation in property values, making it an attractive investment for those looking to purchase homes in a tight-knit community.
In recent years, the market has seen a mix of both new constructions and older homes entering the market. This variety appeals to a diverse range of buyers, from young families to retirees, looking for a quiet place in a rural setting.
Home Value Estimator For Dow, IL
There are currently 457 real estate properties
in Dow, IL,
with a median automated valuation model (AVM) price
of $192,182.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dow, 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 Dow, IL,
is $216,262.00, with the most expensive house
in Dow, IL, topping out
at $1,062,695.00 and the cheapest home
in Dow, IL,
clocking in at $11,323.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dow, IL!
Rent Prices
In Dow, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dow, IL, is on
a rollercoaster ride. The
average rent price in Dow, IL,
is $1,117.00. Indeed, when looking to rent in
Dow, IL, you can expect to pay as little
as $610.00 or as much
as $2,050.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Dow, 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.
Learn more on Foreclosure homes
