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Foreclosures in Dundee, IL

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Dundee, IL Foreclosures

How much do homes sell for in Dundee, IL?
The average home price is currently $508,361.
In Dundee, IL, how many homes are available?
There are currently 171 active home listings available in Dundee.
What’s the average rental cost in Dundee, IL?
The average rental price in Dundee is $2,142.
What is the most expensive home in Dundee?
The most expensive home sold in Dundee had a price of $8,389,830.
What is currently the cheapest priced home in Dundee, IL?
The cheapest home for sale in Dundee is priced at $37,272.

Living in Dundee, IL

Dundee, IL is a vibrant village situated in the northwest suburbs of Chicago, offering a delightful mix of community charm, recreational amenities, and cultural attractions. Residents enjoy abundant parks, scenic river views, and various local events that create a friendly atmosphere. With easy access to public transportation and major roads, Dundee is an ideal place for families and commuters looking for a suburban lifestyle.

Current Market Conditions in Dundee, IL

The real estate market in Dundee has shown resilience with a steady increase in home prices over the past year. Buyers are attracted to the area's strong school system and abundance of recreational areas, driving demand in the housing market. Inventory levels have remained relatively low, which continues to push prices upward as families look to settle in this family-oriented community.

Dundee has seen a notable increase in new construction homes catering to the growing population. The demand for housing coupled with the desirability of the area has resulted in homes selling quickly, often above asking price, making it a competitive market for buyers.

Home Value Estimator For Dundee, IL

There are currently 687 real estate properties in Dundee, IL, with a median automated valuation model (AVM) price of $472,474.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dundee, 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 Dundee, IL, is $508,361.00, with the most expensive house in Dundee, IL, topping out at $8,389,830.00 and the cheapest home in Dundee, IL, clocking in at $37,272.00. In other words, there’s something for every potential homebuyer or savvy investor in Dundee, IL!

Rent Prices In Dundee, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dundee, IL, is on a rollercoaster ride. The average rent price in Dundee, IL, is $2,142.00. Indeed, when looking to rent in Dundee, IL, you can expect to pay as little as $1,060.00 or as much as $4,500.00, with the average rent median estimated to be $2,130.00. The good news is that finding an affordable and desirable property to rent in Dundee, 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.

Dundee, IL Foreclosures


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