Emington, IL Foreclosures
How much do homes sell for in Emington, IL?
The average home price is currently $185,361.
In Emington, IL, how many homes are available?
There are currently 67 active home listings available in Emington.
What’s the average rental cost in Emington, IL?
The average rental price in Emington is $1,132.
What is the most expensive home in Emington?
The most expensive home sold in Emington had a price of $626,318.
What is currently the cheapest priced home in Emington, IL?
The cheapest home for sale in Emington is priced at $37,043.
Living in Emington, IL
Emington, IL is a quaint rural town that offers a peaceful lifestyle amidst beautiful farmland. It features a friendly community, making it ideal for families and retirees. With ample outdoor activities, local parks, and a focus on education, Emington is a welcoming place to call home.
Current Market Conditions in Emington, IL
The real estate market in Emington, IL has shown steady growth over the past few years, with a modest increase in home values. The affordability of homes in the area is attractive to new buyers and families looking to settle down. Second homes and investment properties are also seeing interest as more people seek to escape urban settings.
Current market conditions indicate a balance between supply and demand, which keeps prices stable. Potential buyers can find various options ranging from charming older homes to newer constructions, catering to a wide range of preferences and budgets.
Home Value Estimator For Emington, IL
There are currently 96 real estate properties
in Emington, IL,
with a median automated valuation model (AVM) price
of $149,041.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Emington, 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 Emington, IL,
is $185,361.00, with the most expensive house
in Emington, IL, topping out
at $626,318.00 and the cheapest home
in Emington, IL,
clocking in at $37,043.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Emington, IL!
Rent Prices
In Emington, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Emington, IL, is on
a rollercoaster ride. The
average rent price in Emington, IL,
is $1,132.00. Indeed, when looking to rent in
Emington, IL, you can expect to pay as little
as $790.00 or as much
as $2,150.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Emington, 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.