Eldena, IL Foreclosures
How much do homes sell for in Eldena, IL?
The average home price is currently $145,632.
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 $451,039.
What is currently the cheapest priced home in Eldena, IL?
The cheapest home for sale in Eldena is priced at $37,576.
Living in Eldena, IL
Eldena, IL is a quiet unincorporated community in Lee County known for its rural charm and friendly atmosphere. With beautiful farmland surrounding the area, it offers plenty of outdoor activities. Residents benefit from a close-knit community while also being conveniently accessible to larger towns.
Current Market Conditions in Eldena, IL
The real estate market in Eldena has shown steady growth, with an increase in interest from families and individuals looking for affordable housing options. Homes in the area often feature larger lots, providing plenty of outdoor space. The community's appeal lies in its peacefulness and rural setting, drawing attention from buyers seeking homes away from the hustle and bustle of city life.
Current trends indicate a slight uptick in home prices, reflecting the area's desirability. As more buyers seek space and tranquility, Eldena's market continues to attract those looking for a simple lifestyle.
Home Value Estimator For Eldena, IL
There are currently 48 real estate properties
in Eldena, IL,
with a median automated valuation model (AVM) price
of $134,751.00. 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 $145,632.00, with the most expensive house
in Eldena, IL, topping out
at $451,039.00 and the cheapest home
in Eldena, IL,
clocking in at $37,576.00. 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.
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