Foreclosure Homes in Ellis Grove, IL 62241

Current Market Conditions in Ellis Grove, IL

The real estate market in Ellis Grove remains stable, with a modest inventory of homes available for sale. The community has seen gradual development in recent years, attracting a mix of new residents and families.

Despite its small size, Ellis Grove has maintained its value with home prices appreciating slightly due to the scenic environment and affordable cost of living.

Rent Prices In Ellis Grove, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ellis Grove, IL, is on a rollercoaster ride. The average rent price in Ellis Grove, IL, is $989.00. Indeed, when looking to rent in Ellis Grove, IL, you can expect to pay as little as $430.00 or as much as $1,990.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Ellis Grove, 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.