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Foreclosures 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 $289,928.
In Essex, IL, how many homes are available?
There are currently 1 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 $2,478,946.
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, IL is a charming small town offering a tranquil lifestyle with beautiful natural surroundings. The community is close-knit, with strong schools and local parks promoting family activities. Essex is conveniently located near larger cities, providing both the peace of rural living and access to urban amenities.

Current Market Conditions in Essex, IL

The real estate market in Essex has shown a steady increase in property values over the past year, reflecting its desirability as a suburban community. The average time on the market for homes has decreased, indicating strong buyer interest.

Recent market trends indicate a growing demand for single-family homes in Essex, particularly those with larger lots and outdoor space. This trend is being driven by families seeking more space and a quieter lifestyle, especially in the aftermath of recent global events.

Home Value Estimator For Essex, IL

There are currently 484 real estate properties in Essex, IL, with a median automated valuation model (AVM) price of $264,693.00. 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 $289,928.00, with the most expensive house in Essex, IL, topping out at $2,478,946.00 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

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