Dowell, IL Foreclosures
Current Market Conditions in in Dowell, IL As of February 2026?
In the past month, Dowell's real estate market has shown signs of a slight uptick in buyer activity, possibly sparked by favorable mortgage rates. Although sales velocity remains moderate, homes are being listed at competitive prices, leading to some properties receiving multiple offers. This month has witnessed a rise in inquiries from potential buyers exploring the tranquility and lifestyle Dowell offers, indicating a healthy interest in expanding the neighborhood's residential community.
How much do homes sell for in Dowell, IL?
The average home price is currently $67,117.
In Dowell, IL, how many homes are available?
There are currently 1 active home listings available in Dowell.
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 $282,476.
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 small village that offers a serene lifestyle surrounded by beautiful nature and a tight-knit community. Ideal for families and retirees alike, it features parks and local gatherings that foster connection. With nearby towns providing additional amenities, Dowell strikes a perfect balance between tranquility and convenience.
Buyer vs Seller Market in Dowell, IL
The current real estate market in Dowell reflects a stable trend with steady property values. As a small community, home sales typically move slower than in urban areas; however, there is consistent interest in available properties, mainly from families and retirees looking to settle down in a quiet environment.
Trends show an increasing demand for single-family homes as more people seek out suburban living options post-pandemic. The market is beginning to see renovations and upgrades, particularly in older homes, which is appealing to buyers looking for modern conveniences combined with charm.
Home Value Estimator For Dowell, IL
There are currently 172 real estate properties
in Dowell, IL,
with a median automated valuation model (AVM) price
of $56,786.00. 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 $67,117.00, with the most expensive house
in Dowell, IL, topping out
at $282,476.00 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.
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