Eldena, IL Foreclosures
How much do homes sell for in Eldena, IL?
The average home price is currently $139,513.
In Eldena, IL, how many homes are available?
There are currently 2 active home listings available in Eldena.
What’s the average rental cost in Eldena, IL?
The average rental price in Eldena is $1,133.
What is the most expensive home in Eldena?
The most expensive home sold in Eldena had a price of $452,729.
What is currently the cheapest priced home in Eldena, IL?
The cheapest home for sale in Eldena is priced at $52,866.
Living in Eldena, IL
Eldena, Illinois is a quaint rural community that offers peaceful living amidst beautiful natural surroundings. With its close-knit atmosphere and easy access to nearby cities, it provides the ideal setting for families and retirees alike. Residents can enjoy various outdoor activities within a safe and friendly neighborhood.
Current Market Conditions in Eldena, IL
The real estate market in Eldena is thriving, primarily due to the area's appealing quality of life and relatively affordable property prices compared to larger urban centers. With a variety of homes available on the market, buyers have the opportunity to find something that fits their needs and budget. There has been a steady increase in demand for homes, particularly from those looking to escape city living for a quieter life.
Recent trends indicate that property values have been steadily appreciating as more people discover the charm of Eldena. The influx of new residents seeking a peaceful community has resulted in a competitive environment for buyers, leading to homes often selling quickly.
Home Value Estimator For Eldena, IL
There are currently 44 real estate properties
in Eldena, IL,
with a median automated valuation model (AVM) price
of $127,725.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Eldena, 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 Eldena, IL,
is $139,513.00, with the most expensive house
in Eldena, IL, topping out
at $452,729.00 and the cheapest home
in Eldena, IL,
clocking in at $52,866.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Eldena, IL!
Rent Prices
In Eldena, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Eldena, IL, is on
a rollercoaster ride. The
average rent price in Eldena, IL,
is $1,133.00. Indeed, when looking to rent in
Eldena, IL, you can expect to pay as little
as $820.00 or as much
as $1,870.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Eldena, 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.
Learn more on Foreclosure homes
