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Foreclosure Homes in Gilberts, IL

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Gilberts, IL Foreclosures

How much do homes sell for in Gilberts, IL?
The average home price is currently $427,048.
In Gilberts, IL, how many homes are available?
There are currently 70 active home listings available in Gilberts.
What’s the average rental cost in Gilberts, IL?
The average rental price in Gilberts is $1,970.
What is the most expensive home in Gilberts?
The most expensive home sold in Gilberts had a price of $17,564,145.
What is currently the cheapest priced home in Gilberts, IL?
The cheapest home for sale in Gilberts is priced at $12,165.

Living in Gilberts, IL

Nestled in the picturesque countryside of Kane County, Gilberts, IL, offers a perfect blend of suburban tranquility and convenient access to urban amenities. With a family-friendly atmosphere, beautiful parks, and strong community ties, it's an ideal place for families looking for a safe and welcoming environment. The area boasts good schools and is well-connected through major transportation routes, making commuting a breeze.

Current Market Conditions in Gilberts, IL

The real estate market in Gilberts has shown steady growth over the past year, with home values increasing as demand outpaces supply. Many buyers are drawn to the area's affordability compared to neighboring towns, particularly for families looking for larger homes with yards.

Currently, there is a competitive market for buyers, with newly listed properties often attracting multiple offers. Inventory levels remain low, making it essential for interested buyers to act quickly when they find a home that meets their needs.

Home Value Estimator For Gilberts, IL

There are currently 2,953 real estate properties in Gilberts, IL, with a median automated valuation model (AVM) price of $425,345.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gilberts, 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 Gilberts, IL, is $427,048.00, with the most expensive house in Gilberts, IL, topping out at $17,564,145.00 and the cheapest home in Gilberts, IL, clocking in at $12,165.00. In other words, there’s something for every potential homebuyer or savvy investor in Gilberts, IL!

Rent Prices In Gilberts, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gilberts, IL, is on a rollercoaster ride. The average rent price in Gilberts, IL, is $1,970.00. Indeed, when looking to rent in Gilberts, IL, you can expect to pay as little as $1,300.00 or as much as $3,480.00, with the average rent median estimated to be $1,960.00. The good news is that finding an affordable and desirable property to rent in Gilberts, 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.

Gilberts, IL Foreclosures


Market Trend for Gilberts, IL

Total Listings Available: 70

Market Values:

Home Prices from $12,165 to $17,564,145

Average Sales Price: $427,048

Rental Values:

Rental from $1,300 to $3,480

Average Rent Value: $1,970 / month

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