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Foreclosures in Fox River Grove, IL

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Living in Fox River Grove, IL

Fox River Grove, IL, is a cozy village situated on the banks of the beautiful Fox River, known for its friendly community and outdoor recreational opportunities. With ample access to parks and a variety of local shops and eateries, residents enjoy a balance of tranquility and convenience. The area also benefits from well-regarded schools and proximity to Chicago for commuting.

Current Market Conditions in Fox River Grove, IL

The real estate market in Fox River Grove has been gradually improving, with home values increasing due to the area's appeal as a desirable residential location. The influx of families seeking quality schools and a peaceful environment has contributed to this trend, making it a competitive market for buyers.

There has been a noticeable increase in demand for homes in Fox River Grove, with inventory levels remaining relatively low. As a result, properties in good condition often receive multiple offers, leading to faster sales and rising prices, particularly in the more sought-after neighborhoods.

Home Value Estimator For Fox River Grove, IL

There are currently 2,128 real estate properties in Fox River Grove, IL, with a median automated valuation model (AVM) price of $363,697.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fox River Grove, 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 Fox River Grove, IL, is $395,155.00, with the most expensive house in Fox River Grove, IL, topping out at $14,434,444.00 and the cheapest home in Fox River Grove, IL, clocking in at $12,616.00. In other words, there’s something for every potential homebuyer or savvy investor in Fox River Grove, IL!

Rent Prices In Fox River Grove, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fox River Grove, IL, is on a rollercoaster ride. The average rent price in Fox River Grove, IL, is $1,799.00. Indeed, when looking to rent in Fox River Grove, IL, you can expect to pay as little as $720.00 or as much as $3,750.00, with the average rent median estimated to be $1,750.00. The good news is that finding an affordable and desirable property to rent in Fox River Grove, 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.

Fox River Grove, IL Foreclosures


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