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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 21 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 is a small village located in Cook County, Illinois. Known for its close-knit community and suburban charm, it offers a unique blend of residential living and local amenities. With easy access to major highways, residents can enjoy a peaceful lifestyle while being just a short drive away from the hustle of nearby cities.

Current Market Conditions in Ford Heights, IL

The real estate market in Ford Heights has shown gradual improvement over recent years. Although it remains an affordable option for first-time homebuyers, the demand is slowly rising as families seek more suburban environments. Investors are looking towards the village due to its potential for appreciation and the growth of nearby amenities.

The rental market remains steady, providing plenty of options for those who are looking for temporary housing. Single-family homes dominate the market, providing a range of choices for prospective buyers.

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: 21

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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