Eldred, IL Foreclosures
How much do homes sell for in Eldred, IL?
The average home price is currently $86,477.
What’s the average rental cost in Eldred, IL?
The average rental price in Eldred is $897.
What is the most expensive home in Eldred?
The most expensive home sold in Eldred had a price of $257,674.
What is currently the cheapest priced home in Eldred, IL?
The cheapest home for sale in Eldred is priced at $20,709.
Living in Eldred, IL
Eldred, IL is a quaint village nestled in Greene County, providing a peaceful rural lifestyle with a welcoming community atmosphere. With ample outdoor activities in natural surroundings and close proximity to larger towns, it delivers a perfect blend of tranquility and convenience. Families, retirees, and nature lovers find Eldred an attractive place to live and thrive.
Current Market Conditions in Eldred, IL
The real estate market in Eldred, IL has shown signs of stability and slow growth in recent months. With the demand for affordable housing options and a desire for more rural living, home prices have seen a modest increase. Average days on the market have decreased, indicating a competitive environment for buyers. Renovations and new builds are also on the rise, appealing to those looking for modern amenities in a small-town setting.
Investors are starting to take notice of Eldred, as property values remain relatively low compared to urban areas. This affirms the potential for appreciation in the coming years, making it a favorable opportunity for those looking to invest in real estate in the region.
Home Value Estimator For Eldred, IL
There are currently 90 real estate properties
in Eldred, IL,
with a median automated valuation model (AVM) price
of $70,049.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Eldred, 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 Eldred, IL,
is $86,477.00, with the most expensive house
in Eldred, IL, topping out
at $257,674.00 and the cheapest home
in Eldred, IL,
clocking in at $20,709.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Eldred, IL!
Rent Prices
In Eldred, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Eldred, IL, is on
a rollercoaster ride. The
average rent price in Eldred, IL,
is $897.00. Indeed, when looking to rent in
Eldred, IL, you can expect to pay as little
as $770.00 or as much
as $1,300.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Eldred, 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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