Foreclosure Homes in Durand, IL 61024

Current Market Conditions in Durand, IL

The real estate market in Durand is currently undersupplied, with demand outpacing available listings. Homes that are well-maintained and accurately priced are selling quickly, creating a competitive environment for buyers. Potential homeowners are encouraged to act fast to secure properties before they are sold.

Detached single-family homes dominate the market here, with a mix of older charming houses and newer constructions appealing to various buyers. As more remote workers seek quieter locations, Durand is becoming increasingly popular among younger families and retirees.

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 $1,155.00. 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 $1,140.00. 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.