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Foreclosure Homes in Essex, IL

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Essex, IL Foreclosures

How much do homes sell for in Essex, IL?
The average home price is currently $288,043.
In Essex, IL, how many homes are available?
There are currently 19 active home listings available in Essex.
What’s the average rental cost in Essex, IL?
The average rental price in Essex is $1,482.
What is the most expensive home in Essex?
The most expensive home sold in Essex had a price of $2,508,756.
What is currently the cheapest priced home in Essex, IL?
The cheapest home for sale in Essex is priced at $17,085.

Living in Essex, IL

Essex, Illinois, is a peaceful village that offers a close-knit community atmosphere surrounded by nature. With its convenient location near urban areas and plenty of outdoor activities, it's perfect for families and individuals seeking tranquility and connection. The local lifestyle is relaxed and welcoming, making it an ideal place to call home.

Current Market Conditions in Essex, IL

Essex's real estate market has shown stability in recent years, with a balanced inventory of homes for sale. The area has been attracting families and individuals looking for affordable housing options while retaining a suburban feel. Due to its charming aesthetics and community-oriented lifestyle, Essex continues to see a steady interest from real estate buyers.

Recently, there has been a trend of increased demand for properties in Essex, driven by its appealing local environment. Homes are selling at a reasonable pace, with competitive pricing that appeals to first-time buyers and those seeking a quieter lifestyle.

Home Value Estimator For Essex, IL

There are currently 473 real estate properties in Essex, IL, with a median automated valuation model (AVM) price of $270,296.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Essex, 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 Essex, IL, is $288,043.00, with the most expensive house in Essex, IL, topping out at $2,508,756.00 and the cheapest home in Essex, IL, clocking in at $17,085.00. In other words, there’s something for every potential homebuyer or savvy investor in Essex, IL!

Rent Prices In Essex, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Essex, IL, is on a rollercoaster ride. The average rent price in Essex, IL, is $1,482.00. Indeed, when looking to rent in Essex, IL, you can expect to pay as little as $630.00 or as much as $3,140.00, with the average rent median estimated to be $1,440.00. The good news is that finding an affordable and desirable property to rent in Essex, 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.

Essex, IL Foreclosures


Market Trend for Essex, IL

Total Listings Available: 19

Market Values:

Home Prices from $17,085 to $2,508,756

Average Sales Price: $288,043

Rental Values:

Rental from $630 to $3,140

Average Rent Value: $1,482 / month

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