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Single-family Foreclosures in Downs, IL

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Downs, IL Foreclosures

How much do homes sell for in Downs, IL?
The average home price is currently $330,320.
In Downs, IL, how many homes are available?
There are currently 158 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 $24,814.

Living in Downs, IL

Downs, IL is a quaint, family-friendly town located in McLean County. With its welcoming community and access to local amenities, residents enjoy a peaceful lifestyle while being just a short drive from larger urban areas. The town features various recreational facilities and events that promote community engagement and outdoor activities.

Current Market Conditions in Downs, IL

The real estate market in Downs has been steadily growing as more people seek a quieter lifestyle away from larger cities. Home prices have increased modestly, reflecting the area's desirability due to its low crime rate and good schools. A mix of traditional and modern homes appeals to a diverse range of buyers, including families and retirees.

Home Value Estimator For Downs, IL

There are currently 798 real estate properties in Downs, IL, with a median automated valuation model (AVM) price of $300,568.00. 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 $330,320.00, 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 $24,814.00. 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 Single-family Homes

Market Trend for Downs, IL

Total Listings Available: 158

Market Values:

Home Prices from $24,814 to $1,259,349

Average Sales Price: $330,320

Rental Values:

Rental from $970 to $4,080

Average Rent Value: $1,775 / month

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