Dunfermline, IL Foreclosures
How much do homes sell for in Dunfermline, IL?
The average home price is currently $110,456.
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 $240,275.
What is currently the cheapest priced home in Dunfermline, IL?
The cheapest home for sale in Dunfermline is priced at $22,806.
Living in Dunfermline, IL
Dunfermline, Illinois is a charming small town that offers residents a tight-knit community vibe and a serene lifestyle. Nestled in the heart of Fulton County, it is surrounded by scenic farmland and beautiful landscapes. With its low cost of living and friendly atmosphere, Dunfermline is ideal for families and individuals seeking a more tranquil life.
Current Market Conditions in Dunfermline, IL
The real estate market in Dunfermline is stable, with home prices showing a slight increase due to limited inventory and consistent demand from buyers seeking rural properties. The average home price in the area is below the national average, appealing to first-time buyers and investors looking for affordable options.
As more families and remote workers look to leave urban centers, the charm and affordability of Dunfermline have made it a desirable destination. Homes in the area often sell quickly, and properties that offer large yards or farmland attract significant interest.
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 $89,252.00. 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 $110,456.00, with the most expensive house
in Dunfermline, IL, topping out
at $240,275.00 and the cheapest home
in Dunfermline, IL,
clocking in at $22,806.00. 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
