Durand, IL Foreclosures
How much do homes sell for in Durand, IL?
The average home price is currently $182,089.
In Durand, IL, how many homes are available?
There are currently 3 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 $680,000.
What is currently the cheapest priced home in Durand, IL?
The cheapest home for sale in Durand is priced at $14,049.
Living in Durand, IL
Durand, IL is a quaint village known for its strong community spirit and access to nature. Residents enjoy local parks, schools, and a variety of annual community events that celebrate its tight-knit charm. With convenient access to nearby cities, it is the ideal spot for families looking for tranquility without sacrificing convenience.
Current Market Conditions in Durand, IL
The real estate market in Durand, IL, is currently characterized by moderate growth, with an increase in housing demand over the past year. Buyers are attracted to the area for its affordability and community-focused environment, leading to a steady rise in home values.
Seasonal changes often influence the market, and currently, there are more listings available than last year, which indicates a healthy supply meeting the growing interest from buyers.
Home Value Estimator For Durand, IL
There are currently 981 real estate properties
in Durand, IL,
with a median automated valuation model (AVM) price
of $174,452.00. 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 $182,089.00, with the most expensive house
in Durand, IL, topping out
at $680,000.00 and the cheapest home
in Durand, IL,
clocking in at $14,049.00. 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.
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