Dowell, IL Foreclosures
How much do homes sell for in Dowell, IL?
The average home price is currently $65,335.
In Dowell, IL, how many homes are available?
There are currently 81 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 $276,081.
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 quaint village that offers a serene lifestyle with a close-knit community feel. Surrounded by beautiful landscapes, it’s perfect for those seeking peace while still having access to urban conveniences. Families and outdoor enthusiasts will find plenty to love about this charming location.
Current Market Conditions in Dowell, IL
The real estate market in Dowell, IL shows signs of stability with a modest increase in home values over the last year. This continued interest in the area can be attributed to its affordability and the appeal of rural living. Homes are generally priced lower compared to neighboring towns, making it an attractive option for first-time buyers.
With low inventory and steady demand, buyers are encouraged to act quickly to secure properties in Dowell. As people continue to flock to smaller communities in search of a quieter lifestyle, Dowell is becoming more sought after, precipitating a positive trend in market conditions.
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 $54,987.00. 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 $65,335.00, with the most expensive house
in Dowell, IL, topping out
at $276,081.00 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.