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Foreclosure Homes in Gays, IL 61928

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Gays, IL Foreclosures

How much do homes sell for in Gays, IL?
The average home price is currently $192,112.
In Gays, IL, how many homes are available?
There are currently 1 active home listings available in Gays.
What’s the average rental cost in Gays, IL?
The average rental price in Gays is $1,043.
What is the most expensive home in Gays?
The most expensive home sold in Gays had a price of $1,582,299.
What is currently the cheapest priced home in Gays, IL?
The cheapest home for sale in Gays is priced at $17,800.

Living in Gays, IL

Gays, Illinois, is a quaint rural community known for its friendly atmosphere and scenic countryside. With a low population density, it offers residents a tranquil lifestyle, making it ideal for those seeking peace and quiet. The town's local amenities and accessible outdoor activities provide a perfect blend of convenience and nature.

Current Market Conditions in Gays, IL

The real estate market in Gays, IL, has remained stable over the past year, with a steady demand for homes. The small-town appeal continues to attract new buyers, especially those looking for affordable housing options and a slower pace of life. While prices are generally lower than the national average, they have seen a slight increase due to the demand for homes in peaceful rural settings.

The current trend shows that families and retirees are showing interest in Gays, driving the market slightly upward. This has resulted in competition for homes, particularly those that are well-maintained and have larger yards.

Home Value Estimator For Gays, IL

There are currently 235 real estate properties in Gays, IL, with a median automated valuation model (AVM) price of $163,841.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gays, 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 Gays, IL, is $192,112.00, with the most expensive house in Gays, IL, topping out at $1,582,299.00 and the cheapest home in Gays, IL, clocking in at $17,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Gays, IL!

Rent Prices In Gays, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gays, IL, is on a rollercoaster ride. The average rent price in Gays, IL, is $1,043.00. Indeed, when looking to rent in Gays, IL, you can expect to pay as little as $580.00 or as much as $1,790.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Gays, 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.

Gays, IL 61928 Foreclosures


Market Trend for Gays, IL

Total Listings Available: 1

Market Values:

Home Prices from $17,800 to $1,582,299

Average Sales Price: $192,112

Rental Values:

Rental from $580 to $1,790

Average Rent Value: $1,043 / month

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