Ford Heights, IL Foreclosures
How much do homes sell for in Ford Heights, IL?
The average home price is currently $118,008.
In Ford Heights, IL, how many homes are available?
There are currently 1 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 $6,061,181.
What is currently the cheapest priced home in Ford Heights, IL?
The cheapest home for sale in Ford Heights is priced at $12,346.
Living in Ford Heights, IL
Ford Heights, IL is a serene village in Cook County that offers a suburban lifestyle while being a stone's throw from Chicago. It features a close-knit community, local amenities, and numerous parks for outdoor activities. Ideal for families, it has educational facilities ensuring quality learning for children.
Current Market Conditions in Ford Heights, IL
The real estate market in Ford Heights has seen a gradual increase in interest, with more families looking to settle in the area due to its affordability and community vibes. While home prices have historically been lower than surrounding suburbs, there is a growing demand for housing, particularly among first-time buyers and investors looking for rental properties.
In recent months, property values in Ford Heights have shown signs of stabilization, as more buyers recognize the potential and value of the community. With various development projects in the pipeline, including potential commercial investments, the area is positioning itself for further 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 $91,715.00. 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 $118,008.00, with the most expensive house
in Ford Heights, IL, topping out
at $6,061,181.00 and the cheapest home
in Ford Heights, IL,
clocking in at $12,346.00. 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.
Learn more on Foreclosure homes
