Freeport, IL Foreclosures
How much do homes sell for in Freeport, IL?
The average home price is currently $148,692.
In Freeport, IL, how many homes are available?
There are currently 39 active home listings available in Freeport.
What’s the average rental cost in Freeport, IL?
The average rental price in Freeport is $1,084.
What is the most expensive home in Freeport?
The most expensive home sold in Freeport had a price of $2,963,088.
What is currently the cheapest priced home in Freeport, IL?
The cheapest home for sale in Freeport is priced at $15,000.
Living in Freeport, IL
Freeport, IL is a charming small town that features beautiful historic architecture and a strong sense of community. It offers a wonderful mix of outdoor activities and local amenities, making it a great place for both families and individuals. The city's picturesque parks and well-rated schools add to its appeal, creating a desirable living environment.
Current Market Conditions in Freeport, IL
The real estate market in Freeport has shown signs of stability in recent months, with a solid number of homes available for sale. Prices have remained relatively consistent, indicating a balanced market. With a mix of older homes and new builds, buyers find a range of options to choose from, catering to diverse preferences.
In the past year, Freeport's housing inventory has seen slight fluctuations, but overall, the market is competitive. Many homes are selling quickly due to the attractive pricing and appeal of the local area. Buyers, especially first-time homeowners, are actively looking for new opportunities despite the challenges of rising interest rates.
Home Value Estimator For Freeport, IL
There are currently 10,932 real estate properties
in Freeport, IL,
with a median automated valuation model (AVM) price
of $121,185.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Freeport, 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 Freeport, IL,
is $148,692.00, with the most expensive house
in Freeport, IL, topping out
at $2,963,088.00 and the cheapest home
in Freeport, IL,
clocking in at $15,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Freeport, IL!
Rent Prices
In Freeport, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Freeport, IL, is on
a rollercoaster ride. The
average rent price in Freeport, IL,
is $1,084.00. Indeed, when looking to rent in
Freeport, IL, you can expect to pay as little
as $450.00 or as much
as $2,680.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Freeport, 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
