Eldred, IL Foreclosures
How much do homes sell for in Eldred, IL?
The average home price is currently $92,408.
In Eldred, IL, how many homes are available?
There are currently 16 active home listings available in Eldred.
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 $514,500.
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, Illinois is a serene small town known for its close-knit community and beautiful rural landscapes. Residents enjoy a slower pace of life, with access to local amenities and outdoor activities, making it an ideal place for families and retirees alike. The town offers a variety of recreational options and is situated near larger cities for additional conveniences.
Current Market Conditions in Eldred, IL
The real estate market in Eldred, IL has been stable with modest growth. Home prices have seen a slight increase over the past year, reflecting a steady demand for housing in rural communities. The town's affordability is attractive to buyers looking for a peaceful lifestyle away from urban complexities.
Buyers in Eldred are often drawn to the community's unique charm, leading to a potentially competitive market for available homes. Families and retirees are predominant in the area, influencing the types of homes in demand.
Home Value Estimator For Eldred, IL
There are currently 97 real estate properties
in Eldred, IL,
with a median automated valuation model (AVM) price
of $69,622.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in 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 $92,408.00, with the most expensive house
in Eldred, IL, topping out
at $514,500.00 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.
Learn more on Foreclosure homes
