Fayetteville, IL Foreclosures
How much do homes sell for in Fayetteville, IL?
The average home price is currently $121,947.
In Fayetteville, IL, how many homes are available?
There are currently 1 active home listings available in Fayetteville.
What’s the average rental cost in Fayetteville, IL?
The average rental price in Fayetteville is $1,051.
What is the most expensive home in Fayetteville?
The most expensive home sold in Fayetteville had a price of $700,917.
What is currently the cheapest priced home in Fayetteville, IL?
The cheapest home for sale in Fayetteville is priced at $22,113.
Living in Fayetteville, IL
Fayetteville, IL is a quaint town that combines the beauty of nature with the convenience of nearby urban amenities. Featuring excellent schools, beautiful parks, and a rich sense of community, it offers a peaceful lifestyle while remaining close to shopping and recreation.
Current Market Conditions in Fayetteville, IL
The real estate market in Fayetteville has shown steady growth over the past few years, driven by an influx of families and individuals seeking tranquility without sacrificing accessibility to urban centers. As the demand for homes in this charming town continues to rise, property values have been on an upward trend, making it an attractive place for both buyers and investors.
Currently, the market exhibits a balanced mix of both new developments and historic homes, catering to various buyer preferences. With a significant number of homes being purchased, listings are moving quickly, prompting a competitive atmosphere among potential homeowners.
Home Value Estimator For Fayetteville, IL
There are currently 142 real estate properties
in Fayetteville, IL,
with a median automated valuation model (AVM) price
of $97,032.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fayetteville, 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 Fayetteville, IL,
is $121,947.00, with the most expensive house
in Fayetteville, IL, topping out
at $700,917.00 and the cheapest home
in Fayetteville, IL,
clocking in at $22,113.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fayetteville, IL!
Rent Prices
In Fayetteville, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fayetteville, IL, is on
a rollercoaster ride. The
average rent price in Fayetteville, IL,
is $1,051.00. Indeed, when looking to rent in
Fayetteville, IL, you can expect to pay as little
as $650.00 or as much
as $1,370.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Fayetteville, 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.
Learn more on Foreclosure homes
