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Foreclosure Homes in Elizabeth, IL

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Elizabeth, IL Foreclosures

Current Market Conditions in in Elizabeth, IL As of April 2026?
Over the past month, Elizabeth, IL has seen a gradual uptick in home sales as the warmer seasons approach. The inventory has remained relatively low, which has created a competitive atmosphere among buyers. Some properties have gone under contract quickly, indicating continued interest in the area. While prices have stabilized, minor fluctuations reflect seasonal trends.
How much do homes sell for in Elizabeth, IL?
The average home price is currently $292,512.
In Elizabeth, IL, how many homes are available?
There are currently 3 active home listings available in Elizabeth.
What’s the average rental cost in Elizabeth, IL?
The average rental price in Elizabeth is $1,133.
What is the most expensive home in Elizabeth?
The most expensive home sold in Elizabeth had a price of $5,395,175.
What is currently the cheapest priced home in Elizabeth, IL?
The cheapest home for sale in Elizabeth is priced at $15,387.

Living in Elizabeth, IL

Elizabeth, IL is a quaint village in Jo Daviess County offering a peaceful, community-oriented lifestyle. With access to nature, local amenities, and quality schools, it's an ideal location for families and outdoor lovers. Its charming environment and friendly residents create a welcoming atmosphere for newcomers.

Buyer vs Seller Market in Elizabeth, IL

The real estate market in Elizabeth, IL is currently characterized by a stable demand for residential properties, with modest appreciation in home values over the last year. Buyers are drawn to the rural charm and affordability compared to urban areas, leading to a consistent turnover of homes in the market.

Recent data shows that the average price of homes has seen a slight increase, with a balance between buyers and sellers. This stability is encouraging for potential homebuyers looking for a peaceful environment without compromising on amenities.

Home Value Estimator For Elizabeth, IL

There are currently 646 real estate properties in Elizabeth, IL, with a median automated valuation model (AVM) price of $171,447.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elizabeth, 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 Elizabeth, IL, is $292,512.00, with the most expensive house in Elizabeth, IL, topping out at $5,395,175.00 and the cheapest home in Elizabeth, IL, clocking in at $15,387.00. In other words, there’s something for every potential homebuyer or savvy investor in Elizabeth, IL!

Rent Prices In Elizabeth, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elizabeth, IL, is on a rollercoaster ride. The average rent price in Elizabeth, IL, is $1,133.00. Indeed, when looking to rent in Elizabeth, IL, you can expect to pay as little as $570.00 or as much as $1,800.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Elizabeth, 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.

Elizabeth, IL Foreclosures

Market Trend for Elizabeth, IL

Total Listings Available: 3

Market Values:

Home Prices from $15,387 to $5,395,175

Average Sales Price: $292,512

Rental Values:

Rental from $570 to $1,800

Average Rent Value: $1,133 / month

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