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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.
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 is a small, charming village located in central Illinois characterized by its tight-knit community and serene environment. With a population of just a few hundred residents, it provides a quaint, rural lifestyle that appeals to those seeking peace away from the hustle of bigger cities. Ideal for families and retirees alike, Gays offers easy access to nearby amenities and recreational parks, making it a welcoming place to call home.

Current Market Conditions in Gays, IL

The real estate market in Gays, IL, reflects the trends of many rural areas where properties are affordable, and the demand is stable. Homes in Gays typically range from quaint single-family homes with yards to slightly larger plots that can accommodate farming or small-scale agriculture, making it attractive for buyers seeking more space and a slower pace of life.

In recent months, there has been a noticeable interest in purchasing homes in Gays, driven by individuals looking to escape urban settings. While the supply remains modest, the properties listed are selling at reasonable rates, indicating a healthy demand in the housing market.

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: 0

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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