Durand, IL Foreclosures
How much do homes sell for in Durand, IL?
The average home price is currently $186,684.
In Durand, IL, how many homes are available?
There are currently 22 active home listings available in Durand.
What’s the average rental cost in Durand, IL?
The average rental price in Durand is $1,177.
What is the most expensive home in Durand?
The most expensive home sold in Durand had a price of $795,669.
What is currently the cheapest priced home in Durand, IL?
The cheapest home for sale in Durand is priced at $14,052.
Living in Durand, IL
Situated in northern Illinois, Durand offers a small-town atmosphere with a vibrant community spirit. Homes in the area include charming single-family houses with spacious yards. The village is surrounded by beautiful landscapes and provides access to various outdoor activities, making it a perfect spot for those seeking tranquility and community.
Current Market Conditions in Durand, IL
The real estate market in Durand has seen steady growth over the past year, reflecting an increase in demand for affordable housing options in rural settings. Prices have remained relatively stable, allowing first-time buyers and families to find a suitable home without stretching their budgets.
Competitive prices, combined with the enchanting lifestyle of small-town living, attract potential buyers looking for peace and community. The average home sale price in the past year has reflected a slight upward trend, as buyers recognize the benefits of living in this quaint village.
Home Value Estimator For Durand, IL
There are currently 989 real estate properties
in Durand, IL,
with a median automated valuation model (AVM) price
of $173,290.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Durand, 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 Durand, IL,
is $186,684.00, with the most expensive house
in Durand, IL, topping out
at $795,669.00 and the cheapest home
in Durand, IL,
clocking in at $14,052.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Durand, IL!
Rent Prices
In Durand, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Durand, IL, is on
a rollercoaster ride. The
average rent price in Durand, IL,
is $1,177.00. Indeed, when looking to rent in
Durand, IL, you can expect to pay as little
as $570.00 or as much
as $2,250.00,
with the average rent median estimated to
be $1,150.00. The good news is that finding
an affordable and desirable property to rent in Durand, 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
