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Short Sale Listings in Dowell, IL 62927

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Dowell, IL Foreclosures

How much do homes sell for in Dowell, IL?
The average home price is currently $67,777.
What’s the average rental cost in Dowell, IL?
The average rental price in Dowell is $731.
What is the most expensive home in Dowell?
The most expensive home sold in Dowell had a price of $416,500.
What is currently the cheapest priced home in Dowell, IL?
The cheapest home for sale in Dowell is priced at $14,120.

Living in Dowell, IL

Dowell, IL is a serene village in Alexander County that offers a calm rural lifestyle with a close community feel. Residents enjoy access to nature, local amenities, and a low cost of living, making it suitable for families and individuals looking to unwind from city life.

Current Market Conditions in Dowell, IL

The real estate market in Dowell has shown stability over the past year, with a steady demand for properties reflecting the area's attractive lifestyle. The average home price remains affordable, making it appealing for first-time buyers and investors looking for rental opportunities.

Current trends indicate a gradual increase in property values as more people seek out the charm of rural living, particularly in areas near water bodies and parks. Homes in Dowell are generally well-maintained, with a mix of new builds and historic homes.

Home Value Estimator For Dowell, IL

There are currently 159 real estate properties in Dowell, IL, with a median automated valuation model (AVM) price of $54,089.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dowell, 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 Dowell, IL, is $67,777.00, with the most expensive house in Dowell, IL, topping out at $416,500.00 and the cheapest home in Dowell, IL, clocking in at $14,120.00. In other words, there’s something for every potential homebuyer or savvy investor in Dowell, IL!

Rent Prices In Dowell, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dowell, IL, is on a rollercoaster ride. The average rent price in Dowell, IL, is $731.00. Indeed, when looking to rent in Dowell, IL, you can expect to pay as little as $450.00 or as much as $1,370.00, with the average rent median estimated to be $730.00. The good news is that finding an affordable and desirable property to rent in Dowell, 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.

Dowell, IL 62927 Short Sale Listings

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