Elliott, IL Foreclosures
How much do homes sell for in Elliott, IL?
The average home price is currently $121,709.
What’s the average rental cost in Elliott, IL?
The average rental price in Elliott is $970.
What is the most expensive home in Elliott?
The most expensive home sold in Elliott had a price of $411,094.
What is currently the cheapest priced home in Elliott, IL?
The cheapest home for sale in Elliott is priced at $21,680.
Living in Elliott, IL
Elliott is a small yet charming community located in the heart of Illinois. Known for its tight-knit atmosphere, residents enjoy quiet suburban living with the convenience of nearby amenities. The area boasts a strong sense of community and is ideal for families and individuals seeking a peaceful lifestyle.
Current Market Conditions in Elliott, IL
The real estate market in Elliott, IL, has seen steady growth in recent months, with home values steadily increasing as demand for affordable housing rises in smaller towns. The low inventory of homes in the area has contributed to competitive sales, with buyers seeking the charm and community-focused nature of Elliott. Moreover, the market caters to an array of buyers, including young families and retirees looking for tranquility and safety.
With the current economic climate encouraging remote work, there’s been a notable interest from urban residents seeking to relocate to quieter suburbs. This trend is expected to continue, positively influencing property values and market diversity.
Home Value Estimator For Elliott, IL
There are currently 120 real estate properties
in Elliott, IL,
with a median automated valuation model (AVM) price
of $109,925.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elliott, 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 Elliott, IL,
is $121,709.00, with the most expensive house
in Elliott, IL, topping out
at $411,094.00 and the cheapest home
in Elliott, IL,
clocking in at $21,680.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elliott, IL!
Rent Prices
In Elliott, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elliott, IL, is on
a rollercoaster ride. The
average rent price in Elliott, IL,
is $970.00. Indeed, when looking to rent in
Elliott, IL, you can expect to pay as little
as $520.00 or as much
as $1,710.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Elliott, 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
