Ellis Grove, IL Foreclosures
Current Market Conditions in in Ellis Grove, IL As of February 2026?
Over the past month, the real estate market in Ellis Grove has shown a slight increase in activity, with a few new listings coming to market as well as an uptick in inquiries from potential buyers. Sellers have been pricing their homes competitively, and a few properties have sold relatively quickly, indicating a growing interest in the area.
How much do homes sell for in Ellis Grove, IL?
The average home price is currently $145,246.
In Ellis Grove, IL, how many homes are available?
There are currently 1 active home listings available in Ellis Grove.
What’s the average rental cost in Ellis Grove, IL?
The average rental price in Ellis Grove is $989.
What is the most expensive home in Ellis Grove?
The most expensive home sold in Ellis Grove had a price of $710,994.
What is currently the cheapest priced home in Ellis Grove, IL?
The cheapest home for sale in Ellis Grove is priced at $12,450.
Living in Ellis Grove, IL
Ellis Grove, IL, is a quaint village nestled in Randolph County, known for its peaceful, rural lifestyle. With a small population and friendly community, it offers beautiful natural surroundings and a variety of outdoor activities. Residents enjoy the proximity to the Mississippi River and nearby larger towns, striking a perfect balance between serene living and access to urban amenities.
Buyer vs Seller Market in Ellis Grove, IL
The real estate market in Ellis Grove has shown signs of stability, with home prices remaining relatively steady over the past few years. The local market tends to favor modest, single-family homes, appealing to first-time buyers and families looking for affordable options in a peaceful setting.
Due to its rural charm and sense of community, demand for homes in Ellis Grove remains consistent, led by families and retirees seeking a quieter lifestyle away from bustling urban centers.
Home Value Estimator For Ellis Grove, IL
There are currently 338 real estate properties
in Ellis Grove, IL,
with a median automated valuation model (AVM) price
of $125,456.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ellis Grove, 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 Ellis Grove, IL,
is $145,246.00, with the most expensive house
in Ellis Grove, IL, topping out
at $710,994.00 and the cheapest home
in Ellis Grove, IL,
clocking in at $12,450.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ellis Grove, IL!
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.
Learn more on Foreclosure homes
