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Foreclosure Homes in Effingham, IL

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Effingham, IL Foreclosures

How much do homes sell for in Effingham, IL?
The average home price is currently $301,003.
In Effingham, IL, how many homes are available?
There are currently 14 active home listings available in Effingham.
What’s the average rental cost in Effingham, IL?
The average rental price in Effingham is $1,319.
What is the most expensive home in Effingham?
The most expensive home sold in Effingham had a price of $13,419,494.
What is currently the cheapest priced home in Effingham, IL?
The cheapest home for sale in Effingham is priced at $14,646.

Living in Effingham, IL

Effingham, Illinois, is a family-friendly city with a small-town feel, offering a wide variety of amenities, parks, and community events. Its central location provides convenient access to main highways, making travel easy. The welcoming atmosphere and local pride make it a great place to call home.

Current Market Conditions in Effingham, IL

The Effingham real estate market is showing a stable trend with a slight increase in home prices due to growing interest in the area. Buyers are attracted to its affordable housing options and family-oriented community. With a mix of single-family homes and local investment properties, the market is maintaining a healthy balance of supply and demand.

Home Value Estimator For Effingham, IL

There are currently 6,863 real estate properties in Effingham, IL, with a median automated valuation model (AVM) price of $228,622.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Effingham, 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 Effingham, IL, is $301,003.00, with the most expensive house in Effingham, IL, topping out at $13,419,494.00 and the cheapest home in Effingham, IL, clocking in at $14,646.00. In other words, there’s something for every potential homebuyer or savvy investor in Effingham, IL!

Rent Prices In Effingham, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Effingham, IL, is on a rollercoaster ride. The average rent price in Effingham, IL, is $1,319.00. Indeed, when looking to rent in Effingham, IL, you can expect to pay as little as $630.00 or as much as $2,720.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Effingham, 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.

Effingham, IL Foreclosures

Market Trend for Effingham, IL

Total Listings Available: 14

Market Values:

Home Prices from $14,646 to $13,419,494

Average Sales Price: $301,003

Rental Values:

Rental from $630 to $2,720

Average Rent Value: $1,319 / month

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