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Preforeclosure Homes in Geneseo, IL

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Geneseo, IL Foreclosures

How much do homes sell for in Geneseo, IL?
The average home price is currently $265,793.
In Geneseo, IL, how many homes are available?
There are currently 1 active home listings available in Geneseo.
What’s the average rental cost in Geneseo, IL?
The average rental price in Geneseo is $1,490.
What is the most expensive home in Geneseo?
The most expensive home sold in Geneseo had a price of $3,882,038.
What is currently the cheapest priced home in Geneseo, IL?
The cheapest home for sale in Geneseo is priced at $11,393.

Living in Geneseo, IL

Geneseo, IL is a picturesque small town known for its historical charm and family-friendly community. With a strong school system and numerous amenities, Geneseo offers a great quality of life. Residents enjoy access to beautiful parks and a variety of recreational activities.

Current Market Conditions in Geneseo, IL

The real estate market in Geneseo, IL has shown steady growth. The demand for homes remains strong, driven by the area's appeal to families and retirees seeking a peaceful lifestyle in a small town. Home prices have seen a modest increase over the past year, indicating a healthy market.

Recently, there has been a noticeable rise in interest from buyers looking for more affordable housing options in suburban areas, leading to increased competition for single-family homes. This trend is expected to continue as more individuals seek work-from-home environments.

Home Value Estimator For Geneseo, IL

There are currently 4,783 real estate properties in Geneseo, IL, with a median automated valuation model (AVM) price of $222,420.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Geneseo, 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 Geneseo, IL, is $265,793.00, with the most expensive house in Geneseo, IL, topping out at $3,882,038.00 and the cheapest home in Geneseo, IL, clocking in at $11,393.00. In other words, there’s something for every potential homebuyer or savvy investor in Geneseo, IL!

Rent Prices In Geneseo, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Geneseo, IL, is on a rollercoaster ride. The average rent price in Geneseo, IL, is $1,490.00. Indeed, when looking to rent in Geneseo, IL, you can expect to pay as little as $620.00 or as much as $2,880.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Geneseo, 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.

Geneseo, IL Preforeclosure Homes


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