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Short Sale Listings in Downs, IL 61736

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Downs, IL Foreclosures

Current Market Conditions in in Downs, IL As of March 2026?
Over the past month, the real estate market in Downs has experienced slight fluctuations with a gradual increase in home sales. More properties have come onto the market, offering buyers a range of choices. Interest rates have stabilized, encouraging potential buyers to act before prices increase further.
How much do homes sell for in Downs, IL?
The average home price is currently $331,963.
In Downs, IL, how many homes are available?
There are currently 2 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 $1,889,117.
What is currently the cheapest priced home in Downs, IL?
The cheapest home for sale in Downs is priced at $28,521.

Living in Downs, IL

Downs, IL is a charming small village with a strong community vibe, surrounded by beautiful nature. With convenient access to larger urban areas, it offers a balanced lifestyle perfect for families and individuals seeking peaceful living. Parks and local amenities add to the quality of life, making it an attractive option for prospective homeowners.

Buyer vs Seller Market in Downs, IL

The real estate market in Downs, IL has shown signs of stability and gradual growth. The demand for homes has remained consistent, with an increasing number of families looking to relocate to this quiet and friendly community.

Currently, the market favors buyers with a reasonable selection of homes available at various price points. While prices have remained stable, there is a notable interest in purchasing homes in the area, suggesting a positive outlook for future market conditions.

Home Value Estimator For Downs, IL

There are currently 838 real estate properties in Downs, IL, with a median automated valuation model (AVM) price of $302,967.00. 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 $331,963.00, with the most expensive house in Downs, IL, topping out at $1,889,117.00 and the cheapest home in Downs, IL, clocking in at $28,521.00. 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 Short Sale Listings

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