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Preforeclosure Homes in Elkville, IL

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Elkville, IL Foreclosures

How much do homes sell for in Elkville, IL?
The average home price is currently $124,504.
In Elkville, IL, how many homes are available?
There are currently 2 active home listings available in Elkville.
What’s the average rental cost in Elkville, IL?
The average rental price in Elkville is $927.
What is the most expensive home in Elkville?
The most expensive home sold in Elkville had a price of $1,597,351.
What is currently the cheapest priced home in Elkville, IL?
The cheapest home for sale in Elkville is priced at $12,070.

Living in Elkville, IL

Elkville is a charming small town located in Jackson County, Illinois. This community offers a peaceful, rural lifestyle while still being conveniently close to urban amenities in nearby Carbondale and Murphysboro. With a friendly atmosphere and a strong sense of community, Elkville is ideal for families and individuals seeking a quiet place to settle down.

Current Market Conditions in Elkville, IL

The real estate market in Elkville currently shows a stable demand with modest price growth over the last few months. The market is characterized by a range of housing options, from quaint single-family homes to larger properties on spacious lots. A recent increase in inquiries suggests rising interest from buyers drawn to the town's charm and affordability compared to neighboring areas.

Developer interest has been on the rise, with proposals for new housing developments that cater to both families and retirees. This trend indicates an expectation of sustained residential growth and heightened demand for available housing, contributing positively to the local economy.

Home Value Estimator For Elkville, IL

There are currently 636 real estate properties in Elkville, IL, with a median automated valuation model (AVM) price of $86,616.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elkville, 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 Elkville, IL, is $124,504.00, with the most expensive house in Elkville, IL, topping out at $1,597,351.00 and the cheapest home in Elkville, IL, clocking in at $12,070.00. In other words, there’s something for every potential homebuyer or savvy investor in Elkville, IL!

Rent Prices In Elkville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elkville, IL, is on a rollercoaster ride. The average rent price in Elkville, IL, is $927.00. Indeed, when looking to rent in Elkville, IL, you can expect to pay as little as $490.00 or as much as $1,820.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Elkville, 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.

Elkville, IL Preforeclosure Homes


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