Foreclosure Homes in Flossmoor, IL 60422

Current Market Conditions in Flossmoor, IL

The Flossmoor real estate market has seen steady growth over the past year, with an increase in demand for family homes due to the area's reputation for quality education and community engagement. Properties in Flossmoor tend to sell quickly, especially those that are well-maintained and located near local amenities.

Recent trends indicate that home values are on the rise, with median sales prices increasing approximately 5% over the last year, reflecting the growing interest of buyers in the area. Additionally, the market remains competitive, with several homes receiving multiple offers.

Rent Prices In Flossmoor, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Flossmoor, IL, is on a rollercoaster ride. The average rent price in Flossmoor, IL, is $2,086.00. Indeed, when looking to rent in Flossmoor, IL, you can expect to pay as little as $1,100.00 or as much as $3,880.00, with the average rent median estimated to be $2,100.00. The good news is that finding an affordable and desirable property to rent in Flossmoor, 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.