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Bankruptcy Homes in Downs, IL 61736

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Downs, IL Foreclosures

How much do homes sell for in Downs, IL?
The average home price is currently $326,136.
In Downs, IL, how many homes are available?
There are currently 1 active home listings available in Downs.
What’s the average rental cost in Downs, IL?
The average rental price in Downs is $1,775.
What is the most expensive home in Downs?
The most expensive home sold in Downs had a price of $1,259,349.
What is currently the cheapest priced home in Downs, IL?
The cheapest home for sale in Downs is priced at $19,679.

Living in Downs, IL

Downs, IL is a quaint and welcoming small town known for its strong sense of community and great local schools. With plenty of parks for outdoor activities and a peaceful atmosphere, it’s ideal for families and individuals alike. The town's proximity to Bloomington-Normal also allows residents easy access to bigger city amenities while enjoying the charm of small-town living.

Current Market Conditions in Downs, IL

The current real estate market in Downs has seen steady growth over the past few years. Due to its appealing suburban charm and close proximity to larger urban areas, the demand for housing is increasing. Buyers are particularly attracted to the affordable prices compared to other nearby towns, making Downs a competitive market for homebuyers.

There has been a noticeable influx of young families moving into Downs, attracted by its excellent education system and friendly environment. This trend is expected to drive home prices upward, reflecting the increasing desirability of the location.

Home Value Estimator For Downs, IL

There are currently 799 real estate properties in Downs, IL, with a median automated valuation model (AVM) price of $301,992.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Downs, 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 Downs, IL, is $326,136.00, with the most expensive house in Downs, IL, topping out at $1,259,349.00 and the cheapest home in Downs, IL, clocking in at $19,679.00. In other words, there’s something for every potential homebuyer or savvy investor in Downs, IL!

Rent Prices In Downs, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Downs, IL, is on a rollercoaster ride. The average rent price in Downs, IL, is $1,775.00. Indeed, when looking to rent in Downs, IL, you can expect to pay as little as $970.00 or as much as $4,080.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Downs, 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.

Downs, IL 61736 Bankruptcy Homes

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