East Dundee, IL Foreclosures
How much do homes sell for in East Dundee, IL?
The average home price is currently $340,237.
In East Dundee, IL, how many homes are available?
There are currently 60 active home listings available in East Dundee.
What’s the average rental cost in East Dundee, IL?
The average rental price in East Dundee is $1,609.
What is the most expensive home in East Dundee?
The most expensive home sold in East Dundee had a price of $5,646,438.
What is currently the cheapest priced home in East Dundee, IL?
The cheapest home for sale in East Dundee is priced at $20,332.
Living in East Dundee, IL
East Dundee, Illinois, is a quaint village situated along the Fox River, known for its tight-knit community and beautiful parks. With a vibrant downtown filled with shops and restaurants, it offers residents a blend of charm and convenience. Excellent schools and nearby transportation options make East Dundee an attractive option for families and commuters alike.
Current Market Conditions in East Dundee, IL
The real estate market in East Dundee, IL has been experiencing a steady upward trend, with a growing interest among homebuyers looking for affordable options in a suburban setting. The community's appealing amenities, combined with its proximity to Chicago, have contributed to a surge in home sales, particularly in the mid-range pricing segment.
As of recent reports, homes in East Dundee are selling quicker than in previous years, indicating strong demand. The new developments and renovations in the area are attracting a diverse group of buyers, which is likely to sustain the market's positive trajectory in the coming months.
Home Value Estimator For East Dundee, IL
There are currently 1,555 real estate properties
in East Dundee, IL,
with a median automated valuation model (AVM) price
of $296,950.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in East Dundee, 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 East Dundee, IL,
is $340,237.00, with the most expensive house
in East Dundee, IL, topping out
at $5,646,438.00 and the cheapest home
in East Dundee, IL,
clocking in at $20,332.00. In other words, there’s
something for every potential homebuyer
or savvy investor in East Dundee, IL!
Rent Prices
In East Dundee, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in East Dundee, IL, is on
a rollercoaster ride. The
average rent price in East Dundee, IL,
is $1,609.00. Indeed, when looking to rent in
East Dundee, IL, you can expect to pay as little
as $900.00 or as much
as $4,110.00,
with the average rent median estimated to
be $1,580.00. The good news is that finding
an affordable and desirable property to rent in East Dundee, 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.