Energy, IL Foreclosures
How much do homes sell for in Energy, IL?
The average home price is currently $178,559.
In Energy, IL, how many homes are available?
There are currently 2 active home listings available in Energy.
What’s the average rental cost in Energy, IL?
The average rental price in Energy is $1,227.
What is the most expensive home in Energy?
The most expensive home sold in Energy had a price of $1,854,650.
What is currently the cheapest priced home in Energy, IL?
The cheapest home for sale in Energy is priced at $39,142.
Living in Energy, IL
Energy, IL is a charming small town known for its friendly community and affordable living. Located just a short distance from the amenities of Marion, it offers families a peaceful rural lifestyle with access to outdoor activities. With reasonable property taxes and a low cost of living, Energy is ideal for those seeking a quaint place to call home.
Current Market Conditions in Energy, IL
The real estate market in Energy, IL has seen steady demand due, in part, to its affordability and proximity to larger cities. Home prices have remained stable over the last few years as families seek more space and a slower pace of life, making Energy an attractive market for first-time homebuyers and investors alike.
Recent trends indicate that homes here tend to sell quickly, particularly those that are updated or well-maintained. Competition remains moderate, resulting in balanced prices which appeal to buyers looking for value.
In the current market, buyers should be prepared to act quickly, as well-priced properties often receive multiple offers.
Home Value Estimator For Energy, IL
There are currently 451 real estate properties
in Energy, IL,
with a median automated valuation model (AVM) price
of $147,917.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Energy, 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 Energy, IL,
is $178,559.00, with the most expensive house
in Energy, IL, topping out
at $1,854,650.00 and the cheapest home
in Energy, IL,
clocking in at $39,142.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Energy, IL!
Rent Prices
In Energy, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Energy, IL, is on
a rollercoaster ride. The
average rent price in Energy, IL,
is $1,227.00. Indeed, when looking to rent in
Energy, IL, you can expect to pay as little
as $720.00 or as much
as $2,190.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Energy, 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.
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