Gillespie, IL Foreclosures
How much do homes sell for in Gillespie, IL?
The average home price is currently $122,776.
In Gillespie, IL, how many homes are available?
There are currently 13 active home listings available in Gillespie.
What’s the average rental cost in Gillespie, IL?
The average rental price in Gillespie is $943.
What is the most expensive home in Gillespie?
The most expensive home sold in Gillespie had a price of $842,056.
What is currently the cheapest priced home in Gillespie, IL?
The cheapest home for sale in Gillespie is priced at $8,392.
Living in Gillespie, IL
Gillespie, IL is a quaint town that offers a harmonious blend of community spirit and outdoor adventure. With its local businesses, friendly atmosphere, and proximity to larger cities, it is an ideal place for families and individuals looking for a peaceful lifestyle. Residents enjoy a range of activities, including community events and outdoor recreation in the nearby parks.
Current Market Conditions in Gillespie, IL
The real estate market in Gillespie has shown promising developments over the past year, with a steady increase in property values and buyer interest. The demand for homes has been driven by the appeal of small-town living, with many looking for affordable housing options that also offer a sense of community. Recent trends indicate a shift towards more families moving into the area, contributing to an uptick in home sales.
Additionally, as remote work gains popularity, more professionals are seeking properties in quieter towns like Gillespie, leading to competitive offers and quicker sales of homes. Overall, Gillespie's real estate market reflects the growing trend of suburban living and an increased demand for homes in areas with strong community ties.
Home Value Estimator For Gillespie, IL
There are currently 2,075 real estate properties
in Gillespie, IL,
with a median automated valuation model (AVM) price
of $102,235.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gillespie, 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 Gillespie, IL,
is $122,776.00, with the most expensive house
in Gillespie, IL, topping out
at $842,056.00 and the cheapest home
in Gillespie, IL,
clocking in at $8,392.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gillespie, IL!
Rent Prices
In Gillespie, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gillespie, IL, is on
a rollercoaster ride. The
average rent price in Gillespie, IL,
is $943.00. Indeed, when looking to rent in
Gillespie, IL, you can expect to pay as little
as $550.00 or as much
as $1,620.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Gillespie, 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
