Equality, IL Foreclosures
How much do homes sell for in Equality, IL?
The average home price is currently $104,977.
What’s the average rental cost in Equality, IL?
The average rental price in Equality is $846.
What is the most expensive home in Equality?
The most expensive home sold in Equality had a price of $591,259.
What is currently the cheapest priced home in Equality, IL?
The cheapest home for sale in Equality is priced at $42,407.
Living in Equality, IL
Equality, Illinois, is a quaint village known for its friendly atmosphere and strong community ties. With a small population, residents enjoy a laid-back lifestyle surrounded by beautiful natural landscapes. The village offers essential amenities and is conveniently located near outdoor recreational activities along the Ohio River.
Current Market Conditions in Equality, IL
The real estate market in Equality, IL, is relatively stable, characterized by affordable housing options that appeal to first-time homebuyers and those looking to downsize. With a range of properties available, from modest single-family homes to larger estate properties, there is diversity in the housing stock.
Recent trends indicate a steady interest in property within the village, as people search for quaint rural living away from the hustle and bustle of city life. The affordability factor plays a significant role in attracting buyers who prioritize value and community-focused living.
Home Value Estimator For Equality, IL
There are currently 388 real estate properties
in Equality, IL,
with a median automated valuation model (AVM) price
of $80,055.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Equality, 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 Equality, IL,
is $104,977.00, with the most expensive house
in Equality, IL, topping out
at $591,259.00 and the cheapest home
in Equality, IL,
clocking in at $42,407.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Equality, IL!
Rent Prices
In Equality, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Equality, IL, is on
a rollercoaster ride. The
average rent price in Equality, IL,
is $846.00. Indeed, when looking to rent in
Equality, IL, you can expect to pay as little
as $450.00 or as much
as $2,140.00,
with the average rent median estimated to
be $790.00. The good news is that finding
an affordable and desirable property to rent in Equality, 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.