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Preforeclosure Homes in Fairview Heights, IL

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Living in Fairview Heights, IL

Fairview Heights, IL is a thriving suburb of St. Louis that combines the best of urban living with suburban comfort. With excellent schools, a lively shopping scene, and extensive outdoor activities, it's a place where families can flourish and individuals can thrive. The area's convenient transportation options make commuting to the city straightforward.

Current Market Conditions in Fairview Heights, IL

The current real estate market in Fairview Heights is robust, characterized by an increasing demand for homes among first-time buyers and investors. The prices have seen a steady rise over the past few years, indicating a healthy appreciation trend that points to long-term investment potential.

In recent months, there has been a notable decrease in inventory, making it a competitive landscape for buyers. The homes listed are moving quickly, with many properties receiving multiple offers, suggesting that the market is favorable for sellers.

Home Value Estimator For Fairview Heights, IL

There are currently 7,277 real estate properties in Fairview Heights, IL, with a median automated valuation model (AVM) price of $186,409.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairview Heights, 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 Fairview Heights, IL, is $235,014.00, with the most expensive house in Fairview Heights, IL, topping out at $12,849,244.00 and the cheapest home in Fairview Heights, IL, clocking in at $10,019.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairview Heights, IL!

Rent Prices In Fairview Heights, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairview Heights, IL, is on a rollercoaster ride. The average rent price in Fairview Heights, IL, is $1,302.00. Indeed, when looking to rent in Fairview Heights, IL, you can expect to pay as little as $600.00 or as much as $2,890.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Fairview Heights, 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.

Fairview Heights, IL Preforeclosure Homes


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