Dunfermline, IL Foreclosures
How much do homes sell for in Dunfermline, IL?
The average home price is currently $112,715.
What’s the average rental cost in Dunfermline, IL?
The average rental price in Dunfermline is $1,064.
What is the most expensive home in Dunfermline?
The most expensive home sold in Dunfermline had a price of $248,260.
What is currently the cheapest priced home in Dunfermline, IL?
The cheapest home for sale in Dunfermline is priced at $22,831.
Living in Dunfermline, IL
Dunfermline, IL is a quaint village that offers a peaceful and friendly atmosphere perfect for families and those looking to escape city life. The community is close-knit, with access to local parks and services that facilitate a comfortable lifestyle. With its beautiful landscapes and rich history, Dunfermline provides an ideal setting for anyone seeking tranquility and community.
Current Market Conditions in Dunfermline, IL
The real estate market in Dunfermline is stable, with a mix of property types available from charming single-family homes to quaint cottages. Demand is steady, especially among families looking for affordable housing options in a safe environment. The market generally sees gradual appreciation, making it a reliable area for long-term investment.
In recent months, there has been an uptick in interest from buyers, particularly first-time homeowners drawn to the village's affordability and community appeal. With limited inventory, homes tend to sell quickly, which suggests a healthy demand relative to supply.
Home Value Estimator For Dunfermline, IL
There are currently 99 real estate properties
in Dunfermline, IL,
with a median automated valuation model (AVM) price
of $92,292.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dunfermline, 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 Dunfermline, IL,
is $112,715.00, with the most expensive house
in Dunfermline, IL, topping out
at $248,260.00 and the cheapest home
in Dunfermline, IL,
clocking in at $22,831.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dunfermline, IL!
Rent Prices
In Dunfermline, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dunfermline, IL, is on
a rollercoaster ride. The
average rent price in Dunfermline, IL,
is $1,064.00. Indeed, when looking to rent in
Dunfermline, IL, you can expect to pay as little
as $570.00 or as much
as $1,510.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Dunfermline, 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.
Learn more on Foreclosure homes
