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Foreclosure Homes in Ford Heights, IL

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Ford Heights, IL Foreclosures

How much do homes sell for in Ford Heights, IL?
The average home price is currently $119,421.
In Ford Heights, IL, how many homes are available?
There are currently 22 active home listings available in Ford Heights.
What’s the average rental cost in Ford Heights, IL?
The average rental price in Ford Heights is $1,101.
What is the most expensive home in Ford Heights?
The most expensive home sold in Ford Heights had a price of $6,248,401.
What is currently the cheapest priced home in Ford Heights, IL?
The cheapest home for sale in Ford Heights is priced at $12,364.

Living in Ford Heights, IL

Ford Heights, IL is a quaint village in Cook County known for its affordability and community feel. With easy access to Chicago, it offers a peaceful suburban lifestyle. Residents benefit from local parks and essential amenities, making it an attractive location for families and commuters alike.

Current Market Conditions in Ford Heights, IL

Currently, the real estate market in Ford Heights is experiencing a period of stabilization after several years of fluctuation. Home prices have seen slight increases due to a growing interest in affordable housing options in suburban areas. The demand is gradually rising as more buyers look for value in this region, especially as urban prices climb.

The market is characterized by a mix of older homes in need of renovations and newer constructions appealing to families seeking space. As more amenities are developed in and around the community, the interest in Ford Heights is likely to increase, contributing to market growth.

Home Value Estimator For Ford Heights, IL

There are currently 665 real estate properties in Ford Heights, IL, with a median automated valuation model (AVM) price of $93,522.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ford 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 Ford Heights, IL, is $119,421.00, with the most expensive house in Ford Heights, IL, topping out at $6,248,401.00 and the cheapest home in Ford Heights, IL, clocking in at $12,364.00. In other words, there’s something for every potential homebuyer or savvy investor in Ford Heights, IL!

Rent Prices In Ford Heights, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ford Heights, IL, is on a rollercoaster ride. The average rent price in Ford Heights, IL, is $1,101.00. Indeed, when looking to rent in Ford Heights, IL, you can expect to pay as little as $830.00 or as much as $3,050.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Ford 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.

Ford Heights, IL Foreclosures

Market Trend for Ford Heights, IL

Total Listings Available: 22

Market Values:

Home Prices from $12,364 to $6,248,401

Average Sales Price: $119,421

Rental Values:

Rental from $830 to $3,050

Average Rent Value: $1,101 / month

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