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Preforeclosure Homes in Edelstein, IL

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Edelstein, IL Foreclosures

How much do homes sell for in Edelstein, IL?
The average home price is currently $291,447.
In Edelstein, IL, how many homes are available?
There are currently 2 active home listings available in Edelstein.
What’s the average rental cost in Edelstein, IL?
The average rental price in Edelstein is $1,552.
What is the most expensive home in Edelstein?
The most expensive home sold in Edelstein had a price of $1,018,262.
What is currently the cheapest priced home in Edelstein, IL?
The cheapest home for sale in Edelstein is priced at $16,434.

Living in Edelstein, IL

Edelstein, IL, is a cozy and welcoming community nestled in a scenic part of central Illinois. The area is known for its tight-knit neighborhoods, attractive parks, and solid educational institutions. With easy access to larger cities and a variety of recreational activities, Edelstein offers a perfect balance of quiet living and convenience for families and professionals alike.

Current Market Conditions in Edelstein, IL

The current real estate market in Edelstein reflects a buyer's market, with an increase in available properties and a slower pace of sales compared to recent years. Buyers are finding more options and negotiating power, leading to competitive prices. The community is still appealing for first-time buyers and those seeking a quiet lifestyle away from city congestion.

Over the past few months, home values in Edelstein have remained relatively stable, but there has been a slight decline in listing prices as more homes enter the market. The demand for single-family homes continues to show persistence, particularly among young families and retirees who desire a peaceful environment.

Home Value Estimator For Edelstein, IL

There are currently 507 real estate properties in Edelstein, IL, with a median automated valuation model (AVM) price of $267,494.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Edelstein, 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 Edelstein, IL, is $291,447.00, with the most expensive house in Edelstein, IL, topping out at $1,018,262.00 and the cheapest home in Edelstein, IL, clocking in at $16,434.00. In other words, there’s something for every potential homebuyer or savvy investor in Edelstein, IL!

Rent Prices In Edelstein, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Edelstein, IL, is on a rollercoaster ride. The average rent price in Edelstein, IL, is $1,552.00. Indeed, when looking to rent in Edelstein, IL, you can expect to pay as little as $730.00 or as much as $2,900.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Edelstein, 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.

Edelstein, IL Preforeclosure Homes


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