Living in Gifford, IL
Gifford, IL is a quaint village that offers a charming rural lifestyle. It is known for its strong community bonds, beautiful parks, and local events that bring residents together. Being near Champaign-Urbana allows for access to additional amenities while retaining the tranquility of village living.
Current Market Conditions in Gifford, IL
The real estate market in Gifford, IL has shown steady growth in the past year, reflecting the larger trend of families moving to rural areas for lower housing prices and a quieter lifestyle. Homes are selling at a moderate pace, with more interest from first-time buyers and young families looking for affordable options.
Prices in the area remain relatively low compared to nearby urban centers, making Gifford an attractive option for buyers seeking to stretch their dollar further without compromising on quality of life.
Home Value Estimator For Gifford, IL
There are currently 483 real estate properties
in Gifford, IL,
with a median automated valuation model (AVM) price
of $202,533.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gifford, 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 Gifford, IL,
is $215,525.00, with the most expensive house
in Gifford, IL, topping out
at $682,774.00 and the cheapest home
in Gifford, IL,
clocking in at $12,068.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gifford, IL!
Rent Prices
In Gifford, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gifford, IL, is on
a rollercoaster ride. The
average rent price in Gifford, IL,
is $1,549.00. Indeed, when looking to rent in
Gifford, IL, you can expect to pay as little
as $760.00 or as much
as $3,370.00,
with the average rent median estimated to
be $1,540.00. The good news is that finding
an affordable and desirable property to rent in Gifford, 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
