Garden Prairie, IL Foreclosures
How much do homes sell for in Garden Prairie, IL?
The average home price is currently $348,458.
In Garden Prairie, IL, how many homes are available?
There are currently 7 active home listings available in Garden Prairie.
What’s the average rental cost in Garden Prairie, IL?
The average rental price in Garden Prairie is $1,389.
What is the most expensive home in Garden Prairie?
The most expensive home sold in Garden Prairie had a price of $4,659,000.
What is currently the cheapest priced home in Garden Prairie, IL?
The cheapest home for sale in Garden Prairie is priced at $15,227.
Living in Garden Prairie, IL
Garden Prairie, IL, is a quiet rural community ideal for families looking for a peaceful lifestyle. With a strong sense of community, outdoor activities, and convenient access to nearby towns, it offers a perfect blend of serenity and accessibility.
Current Market Conditions in Garden Prairie, IL
The real estate market in Garden Prairie is currently showing a steady increase in home values, along with a limited inventory of available properties. Many homes sell quickly, often above asking price, reflecting a growing interest in the area from buyers seeking more space and tranquility away from urban centers.
Currently, the demand for homes has been strong, leading to competitive offers and a quick sales process. This trend indicates that Garden Prairie is becoming a sought-after location, particularly for families looking for affordable housing combined with a rural charm.
Home Value Estimator For Garden Prairie, IL
There are currently 500 real estate properties
in Garden Prairie, IL,
with a median automated valuation model (AVM) price
of $307,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Garden Prairie, 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 Garden Prairie, IL,
is $348,458.00, with the most expensive house
in Garden Prairie, IL, topping out
at $4,659,000.00 and the cheapest home
in Garden Prairie, IL,
clocking in at $15,227.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Garden Prairie, IL!
Rent Prices
In Garden Prairie, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Garden Prairie, IL, is on
a rollercoaster ride. The
average rent price in Garden Prairie, IL,
is $1,389.00. Indeed, when looking to rent in
Garden Prairie, IL, you can expect to pay as little
as $750.00 or as much
as $2,480.00,
with the average rent median estimated to
be $1,340.00. The good news is that finding
an affordable and desirable property to rent in Garden Prairie, 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
