German Valley, IL Foreclosures
How much do homes sell for in German Valley, IL?
The average home price is currently $213,048.
In German Valley, IL, how many homes are available?
There are currently 118 active home listings available in German Valley.
What’s the average rental cost in German Valley, IL?
The average rental price in German Valley is $1,267.
What is the most expensive home in German Valley?
The most expensive home sold in German Valley had a price of $548,702.
What is currently the cheapest priced home in German Valley, IL?
The cheapest home for sale in German Valley is priced at $46,648.
Living in German Valley, IL
German Valley is a quaint and peaceful community in Northwestern Illinois that offers a serene rural lifestyle. With its charming small-town atmosphere, the town hosts local events and festivals, promoting community engagement. Residents enjoy access to outdoor recreational activities amidst beautiful natural surroundings, making it an attractive place for families and individuals alike.
Current Market Conditions in German Valley, IL
The real estate market in German Valley is currently showing signs of stability, with home prices remaining relatively consistent. With a growing interest in rural living due to the pandemic, more individuals and families are considering moving to smaller towns like German Valley for their affordability and quality of life. Many listings are attracting buyers looking for properties with larger plots of land and a slower pace of life.
In recent months, the market has seen an increase in inquiries from potential buyers, suggesting a rising interest in homes located in the countryside. However, inventory remains low, which has led to a competitive environment for desirable properties.
Home Value Estimator For German Valley, IL
There are currently 284 real estate properties
in German Valley, IL,
with a median automated valuation model (AVM) price
of $192,264.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in German Valley, 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 German Valley, IL,
is $213,048.00, with the most expensive house
in German Valley, IL, topping out
at $548,702.00 and the cheapest home
in German Valley, IL,
clocking in at $46,648.00. In other words, there’s
something for every potential homebuyer
or savvy investor in German Valley, IL!
Rent Prices
In German Valley, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in German Valley, IL, is on
a rollercoaster ride. The
average rent price in German Valley, IL,
is $1,267.00. Indeed, when looking to rent in
German Valley, IL, you can expect to pay as little
as $760.00 or as much
as $1,850.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in German Valley, 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.
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